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AIG Names Thomas Lillelund as Chief Executive Officer of AIG Europe SA

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American International Group, Inc. (NYSE:AIG) today announced that
Thomas Lillelund will join as Chief Executive Officer of AIG Europe SA.
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, Mr. Lillelund will report to Chris Townsend, Chief
Executive Officer, International General Insurance. His appointment is
subject to the required regulatory approval. Mr. 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 Mr. Townsend.

Commenting on Mr. Lillelund's appointment, Mr. Townsend said: "I'm
delighted to welcome Thomas back to AIG as CEO of our European business.
Thomas is a well-respected international insurance executive who is a
strategic leader with experience growing and building teams."

Previously, Mr. Lillelund served as regional managing director of the
Asia Pacific region for Aspen Re. During his 20-year career, Mr.
Lillelund previously served as AIG's Regional Vice President in
Southeast Asia, and worked for various companies in Hong Kong, South
Africa and the US.

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.

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American International Group, Inc. (AIG) is a leading global insurance
organization. Founded in 1919, today AIG member companies provide a wide
range of property casualty insurance, life insurance, retirement
products, and other financial services to customers in more than 80
countries and jurisdictions. These diverse offerings include products
and services that help businesses and individuals protect their assets,
manage risks and provide for retirement security. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig |
Twitter: @AIGinsurance www.twitter.com/AIGinsurance |
LinkedIn: www.linkedin.com/company/aig.
These references with additional information about AIG have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.

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