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15 May 2013
Hamilton
Reporter Jenna Jones

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AIG appoints new president and CEO in Bermuda

American International Group (AIG) has named Anthony Philip as president and CEO of American International Company in Bermuda.

Philip will replace David Valzania, who has recently been named head of global risk solutions for the US and Canada.

In his new role, Philip will oversee regulatory matters and act as AIG’s principal liaison with the Bermuda Monetary Authority (BMA). He will also serve on the boards of the American International Reinsurance Company and American International Overseas.

Philip joined AIG in 2008 as senior vice president and general counsel for AIG in Bermuda.

Prior to joining AIG, he was a part of the senior management team of Flagstone Reinsurance and West End Capital Management.

Rob Schimek, president and CEO of AIG for the Americas region, said: “We are very pleased to have Philip leading our operations in the country.”

“He brings a wealth of knowledge about the business and regulatory environment in Bermuda through his background in corporate law and previous experience working at the BMA.”

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