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DAVID M. HUPP NAMED PRESIDENT AND CHIEF EXECUTIVE OFFICER OF AIG AVIATION, INC.; MARTIN C. STEVENS APPOINTED AIG AVIATION CHIEF UNDERWRITING OFFICER
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NEW YORK, Feb 09, 2006 -- American International Group, Inc. (AIG) has announced that David M. Hupp has been named President and Chief Executive Officer of AIG Aviation, Inc. (AIG Aviation), a wholly owned subsidiary of AIG. Mr. Hupp will be responsible for day-to-day operations of AIG Aviation, headquartered in Atlanta, with operations in five additional U.S. cities and an international operation based in London. He will report to AIG Executive Vice President Kristian P. Moor. He succeeds Steven G. Blakey, who has left the company.

Mr. Hupp, who had served as the AIG Companies Senior Executive-Eastern Zone since 2004, joined AIG's American International Underwriters (AIU) in New York as an underwriter in 1970. He was named Vice President of AIU in 1977 and President of AIU's North American Division in 1979. Mr. Hupp subsequently served as President of AIU Limited in Hong Kong and Regional Vice President of AIU's Southeast Asia Division. In 1986, he was named Southeast Regional Vice President for the AIG Companies' Domestic Brokerage Group, based in Atlanta, and in 1990 he became President of AIG Europe, S.A., AIG's Paris-based continental European property-casualty insurance company. He returned to the United States in 1993 as the Domestic Brokerage Group Director of Regional Operations and Marketing, and served in that capacity until he was named Senior Executive-Eastern Zone.

In addition, Martin C. Stevens has been named AIG Aviation's Chief Underwriting Officer. Mr. Stevens joined AIG in 1979 as an underwriter in the Aviation Department. In 1984, he served on a special project team based in New York involved with reinsurance accounts across all lines of business. In 1987, Mr. Stevens returned to London to manage AIG's international airline, aerospace and general aviation business. He will continue to be based in London.

Mr. Moor said, "The appointments of David Hupp and Martin Stevens underscore AIG's unsurpassed aviation underwriting strength and our unwavering commitment to the global aviation market."

American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

AIG
Joe Norton
212-770-3144