Charles FRY to join AIG general insurance unit as Head of Reinsurance

American International Group (AIG) announced that Charles FRY will join the company as Head of Reinsurance, Operations and Transformation, General Insurance, effective immediately.

Charles FRY will oversee AIG's Global Reinsurance, Shared Services, Transformation and Administration functions.

He will report to Peter ZAFFINO, Chief Executive Officer, General Insurance and be part of the General Insurance Executive Leadership Team.

"Having worked with Charlie in the past, I am confident he brings a valued skill set to these important responsibilities. Charlie has a proven track record of running complex operations, change management projects and profit improvement in the insurance and reinsurance industry", said Peter ZAFFINO.

"I feel privileged to be joining AIG at such an exciting time and look forward to working alongside a group of talented colleagues and contributing to the profitable growth of the business", said Charles FRY.

Charles FRY began his professional career at PwC and has over 20 years' experience in the insurance and reinsurance industry.

He previously served as Group Chief Financial Officer at NOVAE Group.

Prior to NOVAE, he served as Chief Operating Officer, at GUY CARPENTER.

In addition, Charles FRY previously worked with APAX Partners on its investment in TRAVELEX Group, where he was the executive responsible for the group's global reorganization.

From 1999 to 2006, Charles FRY served on the senior management team of BENFIELD Group, as Chief Financial Officer of the principal operating subsidiary, BENFIELD Limited.

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