AIG's DeMaio to Lead Mortgage Unit as Hancock Open to Sale

Updated on
  • Management shuffle at AIG continues after strategy shift
  • DeMaio could be CEO of mortgage insurer at AIG, or elsewhere

Inside AIG's Sweeping Overhaul

American International Group Inc.’s Donna DeMaio, who has management duties for several different segments of insurance, was designated to stick with the mortgage-guaranty subsidiary that the company plans to exit, Chief Executive Officer Peter Hancock said.

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