The AIG logo is seen at its building in New York's financial district March 19, 2015. REUTERS/Brendan McDermid

(Reuters) - American International Group Inc AIG.N is considering former company veteran Brian Duperreault, who heads Hamilton Insurance Group, as its new chief executive, CNBC said, citing a media report.

Former CEO Peter Hancock decided to step down after coming under pressure from shareholders and the insurer’s board, following poor financial performance.

Duperreault oversaw the turnaround of Marsh & McLennan Cos Inc MMC.N after the 2008 financial crisis.

AIG said it does not comment on rumors, when contacted.