AIG Names New President & CEO of Lexington Insurance Company

  AIG Names New President & CEO of Lexington Insurance Company

Business Wire

NEW YORK -- April 29, 2013

American International Group, Inc. (AIG) today announced the appointment of
Jeremy Johnson as President & Chief Executive Officer of Lexington Insurance
Company, AIG’s Excess & Surplus (E&S) division based in Boston. He will report
to Robert Schimek, President & Chief Executive Officer of AIG Property
Casualty’s Americas region.

The appointment is immediate and Mr. Johnson will be based in Boston.

Mr. Johnson most recently served as Specialty Product Line Executive, U.S. &
Canada, for AIG Property Casualty, overseeing business lines such as
aerospace, marine, environmental, SME, trade credit, political risk, and
surety.

With AIG since 2000, Mr. Johnson has held high-level underwriting, sales, and
managerial roles, including President of Cat Excess Liability, a division of
Lexington Insurance Company; and Regional Vice President for Commercial
Property Casualty, Midatlantic Region. He also spent several years in various
roles in the Boston office of AIG Property Casualty.

Prior to joining AIG, Mr. Johnson was a director and officers liability broker
for Sedgwick, Inc. and Marsh, Inc. He holds a BA degree in law from Oxford
University.

“Jeremy is a veteran insurance and AIG professional, with demonstrated and
extensive experience helping customers and brokers insure large, complex
risks,” said Mr. Schimek. “He is well suited and prepared to head Lexington
and enhance its position as the leading global E&S platform. I look forward to
Jeremy’s strong and steady leadership at Lexington.”

Certain statements in this press release constitute forward-looking
statements. These statements are not historical facts but instead represent
only AIG’s belief regarding future events, many of which, by their nature, are
inherently uncertain and outside AIG’s control. It is possible that actual
results will differ, possibly materially, from the anticipated results
indicated in these statements. Factors that could cause actual results to
differ, possibly materially, from those in the forward-looking statements are
discussed throughout AIG’s periodic filings with the SEC pursuant to the
Securities Exchange Act of 1934.

American International Group, Inc. (AIG) is a leading international insurance
organization serving customers in more than 130 countries. 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: @AIG_LatestNews | 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.

Contact:

American International Group, Inc.
Media:
Jon Diat, 212-770-3505
jon.diat@aig.com
or
Matt Gallagher, 212-458-3247
matthew.gallagher2@aig.com
or
Investors:
Liz Werner, 212-770-7074
elizabeth.werner@aig.com
 
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