American International Group, Inc. announced this morning that John Neal will be joining AIG as President, effective Dec. 1, 2025.

In this role, Neal will report to AIG Chair and CEO Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal Insurance businesses.

Neal will become a member of AIG’s Executive Leadership team.

Neal was formerly the CEO of Lloyd’s of London, a leading insurance marketplace, serving in the role from October 2018 to January 2025. He is credited with leading its successful turnaround during that time.

Before Lloyd’s, Mr. Neal was the Group CEO of QBE, where he held several senior leadership roles throughout his career, including Chief Underwriting Officer and Chief Operations Officer for the company’s European operations.

Neal had been scheduled to join broker Aon as global CEO of Reinsurance and chair of Climate Solutions, following the conclusion of Neal’s notice period at Lloyd’s.

Related article: Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chair of Climate Solutions

In a media statement, Zaffino said, “I have known John for more than 20 years, and he is widely recognized as one of the most accomplished insurance executives in the industry. His appointment adds significant depth, global underwriting experience, and talent to our leadership team.”

Zaffino also expressed confidence in Neal’s ability to continue to enhance a culture of underwriting excellence at AIG. “I look forward to working with him as we continue to drive profitable, sustainable growth and further strengthen our relationships with our valued clients and partners across the industry,” he said.

Neal stated: “AIG is an iconic, global insurance industry leader, recognized for the deep technical expertise of its team and its remarkable strategic repositioning.”

Source: AIG