NEW YORK--(BUSINESS WIRE)--Nov. 13, 2014--
American International Group, Inc. (NYSE: AIG) announced today that it
has named Charlie Shamieh Chief Executive Officer, Life, Health, and
Disability Insurance. Alessa Quane, currently Chief Risk Officer for
Commercial Insurance, will assume Mr. Shamieh’s responsibilities as
Corporate Chief Actuary, overseeing Global Actuarial and Value
Mr. Shamieh will report to Kevin Hogan, Chief Executive Officer,
Consumer Insurance, and Ms. Quane will report to David Herzog, Chief
Financial Officer. The appointments take effect in March 2015.
“We are delighted that Charlie, a seasoned executive who has broad
international experience in both life and non-life insurance, is taking
on this role,” Mr. Hogan said. "He is well-suited to bring further
innovation and creativity to the expanding Life, Health, and Disability
opportunities available to AIG. Charlie’s role as Corporate Chief
Actuary has provided him great insight into the structural drivers
behind all of our products and businesses. He will continue to enhance
and further develop our businesses in the U.S., Japan, China, and UK, as
well as explore additional opportunities to enter new products,
services, and geographies.”
Mr. Shamieh has more than 28 years of industry experience, having held
senior insurance and reinsurance executive positions across three
continents. Since joining AIG in 2007, he has made significant
contributions, including building the risk functions in each of AIG’s
insurance businesses and, in 2011, establishing the first integrated
corporate actuarial function. In this role, he also led AIG’s insurance
company regulatory and rating agency capital and asset-liability
management efforts, as well as value-based management initiatives.
Prior to joining AIG, Mr. Shamieh held senior insurance and reinsurance
executive positions at Munich Re Group, AMP, Mercer, Deloitte, and
Oliver, Wyman & Company. Mr. Shamieh holds a Bachelor of Economics
degree from Macquarie University, and is a Fellow of The Institute of
Actuaries of Australia and a Member of the American Academy of Actuaries.
An 18-year veteran of AIG, Ms. Quane becomes Corporate Chief Actuary
after serving in a variety of leadership roles at AIG in Enterprise Risk
Management and Actuarial. Prior to becoming Chief Risk Officer for
Commercial Insurance, she supported the property casualty business as
Chief Risk Officer and as Head of Enterprise Risk Strategy. Ms. Quane
also served as Chief Risk Officer for AIG’s international businesses and
as Chief Actuary for the UK/Ireland, and European regions.
“Alessa is a proven leader,” Mr. Herzog said. “As AIG’s Chief Actuary,
Alessa will be responsible for leading, and continuing to build on, the
foundations that Charlie and his teams have created. We are confident in
Alessa’s abilities and the perspectives she will bring to this
leadership role, especially as AIG faces increasingly new and complex
risks specific to our businesses.”
Ms. Quane is a Fellow of the Casualty Actuarial Society and a Member of
American Academy of Actuaries. She holds a Bachelor of Science in
Business Administration degree from Drake University.
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. AIG common stock is listed on the New York Stock Exchange
and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
| LinkedIn: http://www.linkedin.com/company/aig
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.
Source: American International Group, Inc.
Matt Gallagher, 212-458-3247