(Reuters) - American International Group Inc (>> American International Group Inc) 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 (>> Marsh & McLennan Companies, Inc.) after the 2008 financial crisis.

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

(Reporting by Nikhil Subba in Bengaluru; Editing by Anil D'Silva)