Schaper brings more than three decades of experience in the insurance and reinsurance industries to AIG. (Photo: AIG) Schaper brings more than three decades of experience in the insurance and reinsurance industries to AIG. (Photo: AIG)

American International Group Inc. (AIG) has announced the formation of AIG Re, which consolidates the company’s assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, into one global business. Leading the charge is Christopher Schaper, who has been appointed CEO, effective July 1, 2019.

In this new role, Schaper will oversee implementation of AIG’s assumed reinsurance strategy with a focus on continuing to develop, market and deliver innovative reinsurance and capital market solutions to clients on a global basis. He will be based in Bermuda.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

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