AIG faucets business veteran for newly created position
The American International Group (AIG) announced the appointment of Graham Fulcher to the newly created post of International General Insurance Chief Actuary. Fulcher (pictured above) will be based in London and report to Jon Hancock, CEO of International General Insurance and Richard Olsen, Chief Actuary General Insurance. Fulcher will join AIG in the first quarter of 2022.
“AIG’s disciplined risk management and focus on excellent underwriting are critical elements in our journey to become a high performing company and achieve sustained profitable growth,” said Hancock. “Graham’s significant technical know-how and his proven international leadership skills make him uniquely qualified for this important new leadership role.”
Fulcher’s responsibilities in this role include setting reasonable prices, making reservations, and setting risk and actuarial goals that are consistent with the company’s global actuarial strategies.
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“I look forward to working with AIG’s talented team of actuaries to predict and mitigate risk across the international portfolio,” said Fulcher. “AIG is a global leader in the insurance industry and it will be a privilege to grow our international business and achieve strong financial performance.”
Fulcher joins AIG from Chubb, where he served as a senior actuary for overseas insurance. Prior to Chubb, he held a number of senior positions in the insurance advisory business of Willis Towers Watson, including managing director of the UK and Irish property, casualty and life practice. Fulcher has also served as a senior actuary for the ACE European Group, a senior actuary for ACE Tempest Re’s European operations, a group actuary for Cox Insurance and a UK actuary for Cologne Re.