American International Group announced that Thomas LILLELUND will join as Chief Executive Officer of AIG Europe SA. His appointment is subject to the required regulatory approval.

Headquartered in Luxembourg, AIG Europe SA is a new legal entity for AIG's business in the European Economic Area and Switzerland.

The new entity has been established to provide business continuity for AIG's European operations after the United Kingdom leaves the European Union.

In this new role, Thomas LILLELUND will report to Chris TOWNSEND, Chief Executive Officer, International General Insurance.

Thomas LILLELUND joins from ASPEN Re where he has been Chief Executive Officer. He will be responsible for Continental Europe and Ireland.

Anthony BALDWIN, currently CEO of AIG Europe Limited, will become Chief Executive Officer of AIG's new UK entity, American International Group UK Limited, and will continue to report to TOWNSEND.

AIG has established two new entities, one in the UK and one in Luxembourg, to enable uninterrupted client service regardless of the future relationship between the UK and the EU.

AIG will transfer existing business to the new UK and European entities and merge its existing carrier, AIG Europe Limited, into the new European company. The two new companies will begin writing business from 1 December 2018.