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BRIEF-AIG says to no longer have Commercial and Consumer segments​
September 25, 2017 / 11:11 AM / a month ago

BRIEF-AIG says to no longer have Commercial and Consumer segments​

Sept 25 (Reuters) - AIG

* AIG announces changes to its organizational structure

* AIG - ‍company will no longer have commercial and consumer segments​

* Says ‍company expects that its year-end financial reporting will reflect new structure​

* AIG - General Insurance and Life & Retirement will each have distinct business units that reflect how business is marketed and underwritten​

* AIG - ‍as a result of structure changes, Rob Schimek, CEO of Commercial, will be leaving company at end of October to pursue other interests​

* AIG - AIG also intends to align its incentive and performance management systems accordingly​ Source text for Eikon: Further company coverage: (Reporting by Sruthi Ramakrishnan)

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