AIG unveils life & retirement leadership change

American International Group (AIG) has appointed Todd Solash to the new role of chief executive officer, individual retirement and life insurance.

Solash, currently CEO of AIG's individual retirement business, will take on an expanded role with the additional leadership of the company’s life insurance business.

He will be responsible for driving the division’s strategic agenda and innovate and adapt the business to best serve the evolving needs of its customers and partners.

Solash joined AIG in 2017 from AXA US where he was head of the firm’s individual annuities business. Before that, he was a partner within the insurance practice at Oliver Wyman.

Kevin Hogan, chief executive officer of AIG Life & Retirement, a division of AIG, said: “Todd’s strategic leadership, strong track record of innovation and focus on the customer experience position him well to take on the additional leadership of our Life Insurance organisation.

“He has delivered enhanced products and experiences for our customers, while continuing to strengthen our platform and maintain operational discipline. Despite challenging markets, we have continued to hold market-leading positions across our annuity product lines, a testament to Todd’s leadership. I look forward to the outcomes he will deliver for our customers and partners with this additional responsibility.”