AIG appoints former Lloyd’s CEO John Neal as president

NEW YORK - American International Group, Inc. (NYSE:AIG) announced Wednesday that John Neal will join the company as President, effective December 1, 2025. Neal will lead AIG’s General Insurance organization and report to Chairman & CEO Peter Zaffino.

In his new role, Neal will oversee North America Commercial Insurance, International Commercial Insurance, and Global Personal Insurance businesses while joining AIG’s Executive Leadership team.

Neal previously served as CEO of Lloyd’s of London from October 2018 to January 2025, where he led a turnaround of the insurance marketplace. Before Lloyd’s, he held several senior leadership positions at QBE, including Group CEO, Chief Underwriting Officer, and Chief Operations Officer for European operations.

"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," Zaffino said in the press release statement. "His appointment adds significant depth, global underwriting experience, and talent to our leadership team."

Neal expressed his enthusiasm about joining AIG, stating, "I am honored to take on the role of President and look forward to working closely with Peter and AIG’s talented colleagues around the world on behalf of our clients and stakeholders."

American International Group provides insurance solutions for businesses and individuals in more than 200 countries and jurisdictions through its operations, licenses, authorizations, and network partners. Get deeper insights into AIG’s financial health, valuation metrics, and growth potential with InvestingPro, which offers exclusive access to detailed analysis and over 30 additional key metrics.

In other recent news, American International Group, Inc. (AIG) reported its first-quarter 2025 earnings, which showed an adjusted earnings per share (EPS) of $1.17, surpassing the forecasted $0.99. However, the company’s revenue slightly missed projections, coming in at $6.8 billion against the expected $6.83 billion. In related developments, Keefe, Bruyette & Woods raised their price target for AIG shares to $97.00 from $94.00, maintaining an Outperform rating. The firm’s analyst, Meyer Shields, cited solid growth and expense reductions as key factors for this optimistic outlook, with revised EPS estimates for 2025, 2026, and 2027. Additionally, AIG shareholders recently approved the election of board members and executive compensation at the company’s Annual Meeting. The appointment of PricewaterhouseCoopers LLP as AIG’s independent auditor for 2025 was also ratified. These developments reflect a continued confidence in AIG’s strategic direction and financial performance.

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