Sign Up
Login

AIG names Munich Re’s Olsen as GI unit’s chief actuary

Written by Adam Cadle
16/08/2019

American International Group (AIG) has announced that Richard Olsen will join the company as chief actuary, GI, effective immediately.

Olsen will be based in New York and will report to Mark Lyons, executive vice president & chief financial offer, AIG.

Olsen will lead the GI global actuarial organisation, with responsibility for aligning pricing, portfolio and reserving practices with AIG’s business objective of improving underwriting profitability, as well as providing guidance on portfolio optimisation to help inform GI strategy.

Olsen brings over 30 years of industry experience to AIG. Most recently, he was CFO of Munich Re’s U.S. P&C reinsurance subsidiary, where his responsibilities included financial management, information technology and enterprise risk management for US operations.

Previously, he served as head of central reserving at Munich Re and spent 21 years with General Re Corporation, as senior vice president & actuary for Cologne Re.

Related Articles

  There are no related documents to show at this time.
Emerging Market Debt
Editor Adam Cadle talks to BNP Paribas Asset Management head of emerging markets debt Bryan Carter about the asset class and the opportunities in this space

Pictet-roundtable

European insurance companies renumeration

European Loans roundtable

HSBC: Asian credit
Adam Cadle talks to HSBC Global Asset Management global head of insurance segment Andries Hoekema and head of insurance business EMEA Deepak Seeburrun about investing in Asian credit for European insurers
Most read stories...
HSBC: Solvency II
Adam Cadle talks to HSBC Global Asset Management global head of insurance segment Andries Hoekema and head of insurance business EMEA Deepak Seeburrun about Solvency II optimisation
Financial Results
World Markets (15 minute+ time delay)

BNP Paribas roundtable

ETFs roundtable

Iame roundtable May 2018

iame-roundtable2017