AIG Names Christopher Schaper Global Chief Underwriting Officer
27 Julho 2023 - 9:30AM
Business Wire
American International Group (NYSE: AIG) today announced that
Christopher Schaper, currently CEO of AIG Re, has been named Global
Chief Underwriting Officer of AIG, effective as of the closing of
the previously announced sale of Validus Re to RenaissanceRe, which
is expected to occur in the fourth quarter of 2023. Mr. Schaper
will report to Peter Zaffino, Chairman and Chief Executive Officer
of AIG.
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Christopher Schaper (Photo: Business
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Mr. Zaffino stated: “Since joining AIG in 2019, Chris has been a
results-driven and collaborative leader who has demonstrated a
commitment to underwriting excellence, as well as strong portfolio
management capabilities and financial acumen. I have worked closely
with Chris for many years and look forward to continuing to
collaborate with him in his new role as we seek to deliver
sustained improvements in our financial results by reinforcing a
culture of underwriting excellence, enhancing our core
capabilities, and developing next generation risk analytics.”
Mr. Schaper stated: “It is a privilege to be named to this role,
and I look forward to working with Peter and colleagues across AIG
to progress our strategic initiatives, particularly as they relate
to underwriting excellence.”
Mr. Schaper has more than three decades of experience in the
insurance and reinsurance industries. He is currently CEO of AIG
Re, the global reinsurance business of AIG, as well as CEO of
Validus Re and AlphaCat. Mr. Schaper joined AIG in 2019 from Marsh
McLennan, where he was CEO of Victor Insurance Holdings, Marsh’s
global underwriting MGA. Prior to that, Mr. Schaper served as
President of Montpelier Re Ltd and Underwriting Chairman of Blue
Capital, Montpelier’s capital markets entity. Previously, he held
leadership roles at Endurance Specialty Insurance Ltd., including
Chief Underwriting Officer and Head of Reinsurance. Earlier, he had
underwriting responsibilities at ERC, a division of GE Capital and
at Cigna Insurance. He is a member of the Corebridge Financial,
Inc. Board of Directors.
About AIG
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide insurance
solutions that help businesses and individuals in approximately 70
countries and jurisdictions protect their assets and manage risks.
For additional information, visit www.aig.com. AIG common stock is
listed on the New York Stock Exchange.
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.
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Quentin McMillan (Investors): quentin.mcmillan@aig.com Dana
Ripley (Media): dana.ripley@aig.com
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