AIG names new regional boss

American International Group announced the appointment of Chris Colahan as regional president for AIG Asia Pacific.

Colahan reports to Jon Hancock, Chief Executive Officer of AIG’s International General Insurance business.

Colahan has over 20 years of insurance industry experience, most recently as president of Berkshire Hathaway Specialty Insurance in the UK and Europe.

Prior to that, he was President of BHSI Australasia. He previously served as RSA Asia's Regional CEO and as CEO of RSA Asia's Hong Kong and Singapore operations.

“We are fortunate to have someone with Chris’ industry experience and vast knowledge of the Asia Pacific marketplace join AIG,” said Hancock. “Asia Pacific is an important market for our general insurance business, and with Chris’ leadership, we expect to expand our business and capabilities, deepen relationships with distribution partners and clients, and continue to demonstrate our risk management expertise.”

Colahan replaces Steven Barnett, who is leaving the US insurance group.

“It is a privilege to join AIG, an industry leader with world-class capabilities,” said Colahan. “I look forward to working with the talented group of colleagues throughout the region and more broadly across the company. AIG is known for delivering excellence in everything it does and I am confident we will successfully execute on the Asia Pacific strategy with precision and a focus on quality outcomes.”

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