American International Group (AIG) has named Kevin Hogan, who previously had a 24-year career at AIG, the new CEO of AIG Global Consumer Insurance. Hogan was most recently CEO of global life for Zurich Insurance Group, but is expected to formally rejoin AIG in early-October.
As part of his duties as CEO, Hogan will become a member of the AIG Executive Group and will report to Peter D. Hancock, CEO of AIG Property Casualty.
Hogan began his career in 1984 with American International Underwriters, which is a part of AIG, in New York, and held management positions in Chicago, Tokyo, Hong Kong and Singapore. In 1998, he was appointed president of AIG’s Accident & Health Division in New York and was elected an AIG VP in 2001. In 2002, he became COO of AIU and, in 2003, assumed responsibility for AIG’s partnership with the People’s Insurance Co. of China. In 2005, he became AIG’s Senior Life Division executive for China and Taiwan, where he was responsible for AIA China and Nan-Shan. In 2008, he returned to New York as AIG’s chief distribution officer, foreign life and retirement services. Hogan joined Zurich in December 2008 as CEO, global life americas. He became CEO, global life, in July 2010.
AIG noted that some restructuring is occurring as well, indicating its global life insurance manufacturing will become part of AIG Global Consumer Insurance. AIG Life and Retirement, under the leadership of President and CEO Jay S. Wintrob, will continue to be responsible for AIG’s retirement business, as well as the distribution of all the company’s U.S. life and retirement products.
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