Former AIG chairman and CEO Hank Greenberg has said he was "trying to teach a lesson" to managers when he refused to take out reinsurance for the carrier's underperforming auto warranty book in the early 2000s.
Former AIG chairman and CEO Hank Greenberg has said he was "trying to teach a lesson" to managers when he refused to take out reinsurance for the carrier's underperforming auto warranty book in the early 2000s.