AIG Life Limited (UK) announces the appointment of a new CEO
Philip WILLCOCK joins AIG from RPMI where he was Chief Executive Officer, responsible for the RailPen pension program.
At the same time, he spent over 20 years with AVIVA holding various senior positions in the U.K. Health and Life businesses. Most recently, he was Chief Executive Officer and President of AVIVA's joint venture in Indonesia and Chief Executive Officer of AVIVA Italy.
In preparation for the UK's exit from the European Union, American International Group announced that its European subsidiary, AIG Europe Limited (AEL) will transfer its business to two new entities: American International Group UK Limited (AIG UK) and AIG Europe SA (AESA).
Both companies started writing business on December 1, 2018.
AIG UK is based in London and continues the business of AEL's UK operations. The UK is AIG's largest market in Europe.
AESA is headquartered in Luxembourg with 21 branches across the EEA and Switzerland. As part of the restructure, AIG merged AEL into AESA.