Hancock exit 'positive' for AIG: analysts

Equity analysts have responded positively to the resignation of
AIG president and CEO Peter Hancock, and claimed the company now
ideally needs to find a successor with underwriting expertise and
experience in turning around an ailing company.Hancock resigned earlier today after a run of poor underwriting
results and mounting investor pressure. Last month the P&C
giant posted a $2.79bn fourth quarter net loss and unveiled a
surprise reserve charge of $5.6bn.
BMO Capital Markets analyst Charle