Article ID: 80dc7b9fdce1eb8f7d2e6405e73a2a775991ac439d9afca73aaca6ebe8c77d45
Source ID: primary:reinsurancene.ws
Published At: -
Extraction Method: trafilatura
Body Text
Jon Hancock, Executive Vice President (EVP) and Chief Executive Officer (CEO), General Insurance, American International Group (AIG), has decided to retire after spending more than six years with the global insurer in executive leadership roles. He will transition to Senior Advisor effective December 31, 2026, and report to Eric Andersen, President & CEO, AIG, and provide counsel on strategic priorities that support the firm’s continued performance and long-term success. He will also provide executive support for select growth initiatives. Hancock will continue serving on the Boards of Directors of Talbot Underwriting Ltd, AIG UK Ltd, and Tata AIG General Insurance Company, and as a resource to leaders across the company, focused on advancing AIG’s strategy of underwriting excellence and developing the next generation of underwriting talent. Hancock has over four decades of experience in the insurance industry and joined AIG in 2020 as EVP and CEO, International Insurance, at a pivotal time in the company’s turnaround. In 2025, he was named EVP and CEO of the company’s General Insurance business. From 2016 to 2020, he served as Director of Performance Management at Lloyd’s of London, overseeing performance and global risk management. In the past, he spent 26 years at RSA in senior leadership roles. Andersen commented, “I want to thank Jon for his exceptional service and dedication to AIG. Jon has played an important leadership role in repositioning our business, strengthening underwriting performance, enhancing our relationships with clients and partners, and advancing our talent and culture around the world. “He has been a trusted partner to me and to our executive leadership team as we have continued to build on AIG’s momentum and deliver value for our stakeholders. On behalf of our AIG colleagues around the world, I extend my sincere appreciation to Jon for his years of dedicated service and continued commitment to AIG.” Hancock said, “It has been a privilege to be part of AIG and to contribute to its storied history. I feel privileged to have worked alongside such talented and dedicated colleagues, whose commitment to AIG’s clients and partners is inspiring. I am incredibly proud of all that we have accomplished together.”
Metadata (JSON)
{
"score": 5.665
}