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.

Back to Index


Similar News to this Story

Hurricanes and earthquakes could lead to USD300bn losses
Following the long-term annual growth trend of 5–7%, global insured natural catastrophe losses may reach USD 145 billion in 2025, mainly driven by sec
FCA set to launch live AI testing service
The FCA is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consu
Over one third of London market firms now actively using AI
The Lloyd’s Market Association (LMA) has hosted a seminar on the use of AI within the London specialty market. The seminar referenced results from a r

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.