NEW YORK--(BUSINESS WIRE)--Nov. 12, 2024-- American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112607887/en/

Christopher Schaper (Photo: Business Wire)

Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG’s Global Chief Underwriting Officer. As Chief Risk Officer, Mr. Schaper will oversee AIG’s global Enterprise Risk Management organization, including the company’s risk management strategy, policies and practices. He will continue to serve as Global Chief Underwriting Officer, in an interim capacity, until a successor is appointed.

“I have known Chris for over 25 years, and his deep understanding of our industry and expertise in risk management have helped shape our culture of underwriting excellence,” said Peter Zaffino, Chairman & CEO, AIG. “I am confident that under Chris’ leadership, our risk organization will further enhance our enterprise risk framework to address the evolving global risk landscape.”

Mr. Schaper became AIG’s Global Chief Underwriting Officer in 2023. Previously he was CEO of AIG Re as well as CEO of both Validus Re and AlphaCat. He joined AIG in 2019 from Marsh McLennan. Mr. Schaper also served in senior leadership roles at Montpelier Re Ltd., Endurance Specialty Insurance Ltd., and GE Capital.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. 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 jurisdictions, and coverage is subject to underwriting requirements and 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241112607887/en/

Quentin McMillan (Investors): quentin.mcmillan@aig.com
Leah Gerstner (Media): leah.gerstner@aig.com

Source: American International Group, Inc.