AIG appoints life and health CEO
American International Group (AIG) has appointed Charlie Shamieh as chief executive officer (CEO), life, health, and disability insurance.
Alessa Quane, currently chief risk officer for commercial insurance, will assume Shamieh’s responsibilities as corporate chief actuary, overseeing global actuarial and value management.
Shamieh will report to Kevin Hogan, CEO, consumer insurance. Quane will report to David Herzog, chief financial officer.
Prior to joining AIG, Shamieh held senior insurance and reinsurance executive positions at Munich Re, AMP, Mercer, Deloitte, and Oliver, Wyman & Company.
“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,” 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 US, Japan, China, and UK, as well as explore additional opportunities to enter new products, services, and geographies.”
Herzog added: “Alessa is a proven leader. 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.”
