NEW YORK–Dec. 20, 2021– American International Group (NYSE: AIG) today announced that Graham Fulcher will join the company as International General Insurance Chief Actuary, a newly created role. Based in London, Mr. Fulcher will report to Jon Hancock, Chief Executive Officer, International General Insurance and Richard Olsen, Chief Actuary, General Insurance. Mr. Fulcher will join the company during the first quarter of 2022.
“AIG’s disciplined risk management and focus on underwriting excellence are critical elements on our path to becoming a top performing company and delivering sustainable profitable growth,” said Mr. Hancock. “Graham’s significant technical expertise and proven international leadership capabilities make him uniquely qualified for this important new leadership role.”
Mr. Fulcher’s responsibilities will include determining appropriate pricing, reserving, and establishing risk and actuarial objectives that are aligned with AIG’s global actuarial strategies.
“I look forward to working alongside AIG’s talented actuarial team to predict and mitigate risk across the international portfolio,” said Mr. Fulcher. “AIG is a global leader in the insurance industry and it will be a privilege to help the international business expand and deliver strong financial performance.”
Mr. Fulcher joins AIG from Chubb where he served as Chief Actuary for Overseas General Insurance since 2016. Prior to Chubb, he held a number of senior management roles for Willis Towers Watson’s insurance consulting business, including as Managing Director of the U.K. and Irish property and casualty and life insurance sector practice. Earlier in his career he was Chief Actuary for ACE European Group, Chief Actuary of European operations for ACE Tempest Re, Group Actuary for Cox Insurance Plc and UK Actuary for Cologne Re.
Mr. Fulcher earned his undergraduate degree and master’s degree in Mathematics at Cambridge University and is a Fellow of the Institute and Faculty of Actuaries.