Duperreault and AIG are working out the final details of his
employment contract, and an announcement could come as early as
Thursday, the Journal reported, citing people familiar with the
Duperreault is currently the head of Hamilton Insurance Group.
Hamilton Insurance Group did not respond to a Reuters request
for comment outside regular business hours. AIG spokesman Jon
Diat declined to comment.
AIG's current CEO Peter Hancock said in March he would step
down, a decision taken after the insurer's poor financial
performance frustrated shareholders and the board of directors.
Billionaire activist investor Carl Icahn, AIG's fourth-largest
shareholder, had cheered Hancock's departure.
Hancock was to remain CEO until AIG named a successor, but the
insurer did not reveal who would succeed him.
(Reporting by Sangameswaran S and Nikhil Subba in Bengaluru;
Editing by Sunil Nair and Sai Sachin Ravikumar)
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