Zaffino joined AIG as executive vice president – global chief operating officer in July 2017 and assumed the additional role of CEO of AIG's general insurance business in November 2017. (Photo: American International Group)
American International Group Inc. (AIG) announced that Peter S. Zaffino has been named president of AIG, effective Jan. 1, 2020. He will continue to serve as global chief operating officer of AIG and CEO of general insurance.
"Today's announcement recognizes the value that Peter has brought to AIG over the last couple of years. His strategic approach to our general insurance business, particularly with respect to the foundational changes we have made in the areas of underwriting and reinsurance, has been critical to the significant turnaround taking hold in that business," AIG CEO Brian Duperreault said in a statement. "I am confident that with Peter's continued leadership, AIG will realize sustainable improvements that will position us as a global market leader."
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
