Peter Zaffino, President and CEO of global insurer American International Group, Inc. (AIG), has informed the firm’s Board that he plans to transition to Executive Chair of AIG and retire as CEO by mid-year 2026, with Aon’s Eric Andersen named as his successor.Most recently, Andersen served as a member of insurance and reinsurance broking group Aon’s Executive Committee and served as a strategic advisor to the firm’s President and CEO.He has been with the broker for almost 30 years, holding senior leadershi ...