Press Release
AIG
175 Water Street
New York, NY 10038
www.aig.com

Contacts:
Sabra Purtill (Investors): sabra.purtill@aig.com
Shelley Singh (Investors): shelley.singh@aig.com
Claire Talcott (Media): claire.talcott@aig.com
AIG Appoints David McElroy Chief Executive Officer, General Insurance,and Executive Vice President, AIG
NEW YORK, August 13, 2020 -- American International Group, Inc. (NYSE:AIG) today announced that David McElroy, currently President and Chief
Executive Officer of the North American operations of General Insurance, hasbeen promoted to Chief Executive Officer, General Insurance, and Executive
Vice President, AIG, effective immediately.
Mr. McElroy will lead the General Insurance Executive Leadership Team andjoin the AIG Executive Leadership Team, reporting to Peter S. Zaffino, AIG’s
President and Global Chief Operating Officer.
Mr. Zaffino said, “Dave has played an instrumental role in the turnaround of ourGeneral Insurance business and the positioning of AIG as a market leader. I
am pleased to announce this well-deserved promotion and look forward tocontinuing to work closely with Dave and our world-class General Insurance
leadership team as we continue to build momentum and deliver on our strategy
to achieve underwriting excellence and profitable growth.”
Mr. McElroy said, “I am proud to lead our global colleagues in General
Insurance and build on our strong foundation. We remain laser focused onunderwriting discipline and operational excellence, which allow us to solve
complex risk issues and deliver value to our clients, distribution partners andother stakeholders.”
Brian Duperreault, Chief Executive Officer of AIG, said, “We are fortunate tohave a deep bench of industry veterans at AIG and I know that with Dave atthe helm, General Insurance will continue to be in excellent hands. I want tocongratulate Dave and thank Peter for his tremendous contributions to theturnaround of General Insurance. I know that Peter will continue to apply thesame level of discipline and rigor as he has in General Insurance and with AIG
200 as he pivots more fully to his enterprise-wide role as President and Global
Chief Operating Officer of AIG.”

Mr. McElroy joined AIG as President and Chief Executive Officer of Lexington
Insurance Company in October 2018 and was promoted to President and Chief
Executive Officer of North America, General Insurance in June 2019. Before
joining AIG, Mr. McElroy held numerous leadership roles within the insurance
industry, including Executive Chairman of Arch Insurance Group Inc. and Vice
Chairman of Arch Worldwide Insurance Group.
###American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies
provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial
services to customers in more than 80 countries and jurisdictions. These diverse offerings include products andservices that help businesses and individuals protect their assets, manage risks and provide for retirement
security. AIG common stock is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter:@AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references withadditional information about AIG have been provided as a convenience, and the information contained on such webs
is not incorporated by reference into this press release.
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 atwww.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 jurisdictions, and coverage
is subject to underwriting requirements and actual policy language. Non-insurance products and services may beprovided by independent third parties. Certain property-casualty coverages may be provided by a surplus linesinsurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore notprotected by such funds.