AIG Announces New President and Chief Executive Officer for Its Property Casualty Business in Latin America and the Caribbean

  AIG Announces New President and Chief Executive Officer for Its Property
  Casualty Business in Latin America and the Caribbean

Business Wire

NEW YORK -- July 10, 2013

American International Group, Inc. (NYSE: AIG) today announced that it has
appointed Jim Dwane as the new President and Chief Executive Officer for its
property casualty business in Latin America and the Caribbean, effective
immediately.

Mr. Dwane, a highly respected executive within AIG and the insurance industry,
will hold overall responsibility for the insurance operations in the 15
countries in which AIG Property Casualty operates in Latin America and the
Caribbean. He will be based in AIG's regional offices in Miami and will report
directly to Robert Schimek, President and Chief Executive Officer of AIG
Property Casualty’s Americas Region.

“Since I joined the Americas Region two months ago, my highest priority has
been to refine our organizational structure in order to facilitate the
achievement of our strategic objectives," Mr. Schimek said. "Jim is a seasoned
property casualty expert with deep product expertise whose appointment will
bring the strong leadership needed to drive our multi-year goals for Latin
America and the Caribbean. His appointment is yet another example of the deep
bench of experienced, global professionals we have at AIG."

Mr. Dwane has worked at AIG for almost two decades. Most recently, he served
as Regional President of AIG Property Casualty’s Southeast Region of the
United States, which includes the states of North Carolina, South Carolina,
Georgia, Tennessee, Mississippi, Alabama, and Florida. Under his leadership,
the Southeast Region has served as an example of underwriting excellence and
exceptional claims servicing capabilities, leveraging its diverse mix of
business and distribution network. Mr. Dwane has a B.S. degree from Clemson
University with a concentration in economics and marketing.

AIG Property Casualty has operated in Latin America and the Caribbean since
1937. Today, an extensive worldwide property casualty network and a robust
client focus uniquely position AIG to serve the insurance needs of commercial
institutions and individual customers throughout the region. AIG is optimistic
about Latin America and the Caribbean because it has been part of the region’s
growth and development for more than seven decades, and it continues to see
future opportunities to provide innovative insurance solutions for its
expanding customer base.

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 jurisdictions, 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.
Lula Rodriguez (Media): 786-777-7522; lula.rodriguez@aig.com
Jon Diat (Media): 212-770-3505; jon.diat@aig.com
Liz Werner (Investors): 212-770-7074; elizabeth.werner@aig.com
 
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