Duperreault confirms strategy shift at AIG

AIG's new president and CEO Brian Duperreault has wasted
little time in putting his mark on the company with a move to do
away with share buyback targets and focus on growing the business
again organically and through acquisitions.
For the past year-and-a-half the insurer has been on a shrinking
path as it cut back its commercial insurance book, sold assets and
returned capital to investors in a bid to improve results.
Central to that strategy was underwriting remediation, a...