General Insurance Article - Executive appointments at AIG after defections


 American International Group(AIG) has announced several executive appointments in its property casualty business segment, effective immediately. Four senior AIG executives have moved to Berkshire Hathaway to expand its commercial lines business.

 Robert Schimek will become president and ceo of AIG Property Casualty’s Americas region. Schimek, one of the company’s most experienced executives, will relocate to New York from London, where he has been serving as president and ceo of the Europe, Middle East, and Africa region. Prior to becoming head of EMEA.

 Nicholas Walsh, who ran AIG’s international property casualty businesses for many years, will become president and ceo of EMEA on an interim basis as the company seeks a permanent successor to Schimek in due course. Walsh, an AIG veteran of nearly 40 years, chairman of AIG Europe Ltd., and a resident of the UK, has been serving as a senior adviser on broker, client, and government relations matters since 2011.

 Alexander Baugh will assume responsibility for AIG’s global Casualty business. As a 29 year veteran of AIG, Baugh has held several senior roles at the company.

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