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AIG Appoints James Nash President and Chief Executive Officer of Japan


American International Group, Inc. (NYSE: AIG) today announced that James Nash has been appointed President and Chief Executive Officer, AIG Japan Holdings KK. Mr. Nash will report to Jon Hancock, Chief Executive Officer of International General Insurance and will be based in Tokyo. He is expected to join the company by early 2021.

In this role, Mr. Nash will oversee AIG’s operations and subsidiary companies in Japan, which comprise the largest foreign general insurance company in the country. Mr. Nash succeeds Robert L. Noddin, who will assume the role of non-executive Chairman, AIG Japan, until his retirement in 2021.

“I am pleased to welcome James to AIG as we build on our compelling value proposition and commitment to individual and commercial customers in Japan,” said Mr. Hancock. “His deep industry expertise in Japan and decades of experience growing profitable businesses across international markets will be a tremendous asset as we continue to innovate and deliver enhanced value to our clients and partners.”

“AIG has a long, pioneering history in Japan that I am proud to lead as the company continues its remarkable journey as an industry leader,” said Mr. Nash. “I look forward to returning to Japan and working with the talented team at AIG to build on the impressive tradition of innovation and superior customer service in this critical market.”

Mr. Nash joins AIG from Guy Carpenter, where he was most recently CEO of the International Division with responsibility for Asia Pacific, EMEA and Latin America. Mr. Nash joined Guy Carpenter in 1985 and has nearly 35 years’ experience in the industry, including 15 years in leadership roles in Japan. In 2008, he assumed the role of CEO, Asia Pacific, serving on the firm’s Global Executive Committee.

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. 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/20200915005564/en/

American International Group Inc. Stock

€67.86
-0.220%
The price for the American International Group Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.150 (-0.220%).
With 16 Buy predictions and not the single Sell prediction the community is currently very high on American International Group Inc..
As a result the target price of 74 € shows a slightly positive potential of 9.05% compared to the current price of 67.86 € for American International Group Inc..
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