AIG Names Gaurav D. Garg CEO of Personal Insurance

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced that Gaurav D. Garg has been named Chief Executive Officer, Personal Insurance. Mr. Garg returns to AIG, where he held various personal insurance roles for 12 years before joining Mercer. He will report to Chief Executive Officer of Global Consumer Insurance, Kevin Hogan.

Mr. Garg will lead a strong team within Consumer Insurance and oversee all aspects of the Personal Insurance business, including Auto, Personal Accident, and Personal Property lines as well as service programs including extended warranty and travel insurance products and services.

Mr. Garg rejoins AIG from Mercer, where he has served as President and Senior Partner, Growth Markets Region as well as a member of the Executive Committee since 2012. He was responsible for growing Mercer's business across 22 countries in Asia, Japan, Middle East, Turkey, Africa, and Latin America. Mr. Garg has more than 28 years of diverse, well-rounded, and deep global insurance market experience.

“I’m delighted to welcome Gaurav back to AIG,” said Mr. Hogan. “Gaurav is an insurance veteran with proven leadership skills and a diverse global perspective. I am confident that under Gaurav’s leadership our Personal Insurance business will continue to grow and thrive as a critical part of Consumer Insurance and AIG.”

After first joining AIG in 2000, Mr. Garg held various management and leadership positions across AIG’s Personal Line insurance business. In 2007, he was named Chief Executive Officer and Managing Director, Tata AIG. In this role, he ensured that Tata AIG was one of the fastest growing and profitable non-life insurance companies in India.

Mr. Garg has been a panelist and speaker at various industry forums internationally. He holds a Masters in Business Administration from Lucknow University and has completed the Advanced Management Program from Wharton, University of Pennsylvania.

American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig

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 coverage is subject to 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.

AIG
Media:
Jon Diat, 212-770-3505
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Matt Gallagher, 212-458-3247
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or
Investors:
Liz Werner, 212-770-7074
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Source: American International Group, Inc.

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