American International Group, Inc. (AIG) announced that Jon Hancock, Executive Vice President and CEO of its General Insurance division, will retire from his role effective December 31, 2026. Following his retirement, Mr. Hancock will transition to the position of Senior Advisor for the company.

Key Details

  • Executive Change: Jon Hancock, CEO of General Insurance, will retire after more than six years in executive leadership at AIG.
  • Effective Date: The retirement and transition will be effective December 31, 2026.
  • New Role: As Senior Advisor, Mr. Hancock will report to AIG President & CEO Eric Andersen, providing counsel on strategic priorities.