American International Group Inc.’s first-quarter net income fell, but its closely watched adjusted operating results jumped 44% as a core unit posted long-awaited improvement. The recovery in that main unit is a positive development for AIG’s Chief Executive Officer Brian Duperreault, who was hired two years ago to turn around one of the world’s biggest sellers of insurance. Mr. Duperreault has focused heavily on an overhaul of the core “General Insurance” unit, hiring many new and experienced executives from outside the...

Source: Wall Street Journal May 06, 2019 20:46 UTC