STOCK TITAN

AIG Appoints Christopher Schaper Chief Risk Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

AIG has appointed Christopher Schaper as permanent Chief Risk Officer, effective immediately, after serving in the role on an interim basis since September 2024. Schaper, who will report to CEO Peter Zaffino, will oversee AIG's global Enterprise Risk Management organization while temporarily maintaining his position as Global Chief Underwriting Officer until a successor is appointed. Schaper joined AIG in 2019 and became Global Chief Underwriting Officer in 2023, having previously served as CEO of AIG Re, Validus Re, and AlphaCat. His experience includes senior leadership roles at Marsh McLennan, Montpelier Re, Endurance Specialty Insurance, and GE Capital.

AIG ha nominato Christopher Schaper come Chief Risk Officer permanente, con effetto immediato, dopo aver ricoperto il ruolo in via interinale da settembre 2024. Schaper, che riporterà al CEO Peter Zaffino, sovrintenderà all'organizzazione globale di Enterprise Risk Management di AIG, mantenendo temporaneamente la sua posizione di Global Chief Underwriting Officer fino alla nomina di un successore. Schaper è entrato in AIG nel 2019 ed è diventato Global Chief Underwriting Officer nel 2023, avendo precedentemente ricoperto il ruolo di CEO di AIG Re, Validus Re e AlphaCat. La sua esperienza include ruoli di leadership senior in Marsh McLennan, Montpelier Re, Endurance Specialty Insurance e GE Capital.

AIG ha nombrado a Christopher Schaper como Chief Risk Officer permanente, con efecto inmediato, después de haber desempeñado el cargo de manera interina desde septiembre de 2024. Schaper, que reportará al CEO Peter Zaffino, supervisará la organización mundial de Gestión de Riesgos Empresariales de AIG, mientras mantiene temporalmente su cargo como Global Chief Underwriting Officer hasta que se designe un sucesor. Schaper se unió a AIG en 2019 y se convirtió en Global Chief Underwriting Officer en 2023, habiendo sido anteriormente CEO de AIG Re, Validus Re y AlphaCat. Su experiencia incluye roles de liderazgo sénior en Marsh McLennan, Montpelier Re, Endurance Specialty Insurance y GE Capital.

AIG는 크리스토퍼 샤퍼를 최고 위험 책임자로 즉시 임명했습니다. 그는 2024년 9월부터 임시 역할을 수행해왔습니다. 샤퍼는 CEO 피터 자피노에게 보고하며, AIG의 글로벌 기업 위험 관리 조직을 oversee 하면서 후임이 임명될 때까지 글로벌 최고 인수 책임자 직책을 임시로 유지합니다. 샤퍼는 2019년에 AIG에 합류했으며 2023년에 글로벌 최고 인수 책임자가 되었고, 이전에는 AIG Re, Validus Re 및 AlphaCat의 CEO로 일했습니다. 그의 경력에는 Marsh McLennan, Montpelier Re, Endurance Specialty Insurance 및 GE Capital에서의 고위 리더십 역할이 포함됩니다.

AIG a nommé Christopher Schaper au poste de Chief Risk Officer permanent, avec effet immédiat, après avoir occupé cette fonction de manière intérimaire depuis septembre 2024. Schaper, qui rapportera au PDG Peter Zaffino, supervisera l'organisation mondiale de la gestion des risques d'entreprise d'AIG tout en conservant temporairement son poste de directeur global de souscription jusqu'à ce qu'un successeur soit nommé. Schaper a rejoint AIG en 2019 et est devenu directeur global de souscription en 2023, ayant précédemment occupé les fonctions de PDG de AIG Re, Validus Re et AlphaCat. Son expérience comprend des rôles de leadership senior chez Marsh McLennan, Montpelier Re, Endurance Specialty Insurance et GE Capital.

AIG hat Christopher Schaper mit sofortiger Wirkung zum dauerhaften Chief Risk Officer ernannt, nachdem er seit September 2024 interimistisch in dieser Rolle tätig war. Schaper, der an CEO Peter Zaffino berichtet, wird die globale Organisation für Enterprise Risk Management bei AIG leiten und vorübergehend seine Position als Global Chief Underwriting Officer beibehalten, bis ein Nachfolger benannt wird. Schaper trat 2019 AIG bei und wurde 2023 Global Chief Underwriting Officer, nachdem er zuvor CEO von AIG Re, Validus Re und AlphaCat war. Zu seiner Erfahrung gehören Führungspositionen bei Marsh McLennan, Montpelier Re, Endurance Specialty Insurance und GE Capital.

Positive
  • Appointment of experienced executive with over 25 years of industry expertise
  • Internal promotion ensuring continuity in risk management strategy
  • Dual role maintaining oversight of both risk and underwriting functions until succession
Negative
  • Temporary vacancy in dedicated Global Chief Underwriting Officer position

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team.

Christopher Schaper (Photo: Business Wire)

Christopher Schaper (Photo: Business Wire)

Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG’s Global Chief Underwriting Officer. As Chief Risk Officer, Mr. Schaper will oversee AIG’s global Enterprise Risk Management organization, including the company’s risk management strategy, policies and practices. He will continue to serve as Global Chief Underwriting Officer, in an interim capacity, until a successor is appointed.

“I have known Chris for over 25 years, and his deep understanding of our industry and expertise in risk management have helped shape our culture of underwriting excellence,” said Peter Zaffino, Chairman & CEO, AIG. “I am confident that under Chris’ leadership, our risk organization will further enhance our enterprise risk framework to address the evolving global risk landscape.”

Mr. Schaper became AIG’s Global Chief Underwriting Officer in 2023. Previously he was CEO of AIG Re as well as CEO of both Validus Re and AlphaCat. He joined AIG in 2019 from Marsh McLennan. Mr. Schaper also served in senior leadership roles at Montpelier Re Ltd., Endurance Specialty Insurance Ltd., and GE Capital.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. 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.

Quentin McMillan (Investors): quentin.mcmillan@aig.com

Leah Gerstner (Media): leah.gerstner@aig.com

Source: American International Group, Inc.

FAQ

When did Christopher Schaper become AIG's permanent Chief Risk Officer?

Christopher Schaper was appointed as AIG's permanent Chief Risk Officer effective immediately, as announced in November 2024.

What positions did Christopher Schaper hold at AIG before becoming Chief Risk Officer?

Before becoming Chief Risk Officer, Schaper served as AIG's Global Chief Underwriting Officer since 2023, and previously as CEO of AIG Re, Validus Re, and AlphaCat.

Who does AIG's new Chief Risk Officer report to?

Christopher Schaper reports to Peter Zaffino, AIG's Chairman & Chief Executive Officer.

When did Christopher Schaper join AIG (NYSE: AIG)?

Christopher Schaper joined AIG in 2019 from Marsh McLennan.

American International Group, Inc.

NYSE:AIG

AIG Rankings

AIG Latest News

AIG Stock Data

48.00B
643.95M
0.26%
97.11%
1.49%
Insurance - Diversified
Fire, Marine & Casualty Insurance
Link
United States of America
NEW YORK