American International Group, Inc. (AIG) has announced the consolidation of its reinsurance operations into a single entity, called AIG Re. The new unit brings Validus Re, AlphaCat and Talbot Treaty into one global business.
Heading up AIG Re will be Christopher Schaper, who will take the CEO reins on July 01, 2019. In his new role, Schaper has been tasked with overseeing the implementation of AIG’s assumed reinsurance strategy on a global basis. He will be based in Bermuda and will report to Peter Zaffino, president and CEO of AIG General Insurance, and global chief operating officer, AIG.
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