American International Group (AIG) announced that Tom BOLT, has been named Executive Vice President and Chief Risk Officer, AIG, effective immediately. He replaces Sabra PURTILL, who was recently named Executive Vice President and Chief Investment Officer for AIG's Life & Retirement business.

Tom BOLT will report to Peter ZAFFINO, Chairman & Chief Executive Officer, AIG, and has joined the AIG Executive Leadership Team.

In her new role, Sabra PURTILL will report to Kevin HOGAN, Executive Vice President, Chief Executive Officer, Life & Retirement, and she has joined the Life & Retirement Executive Leadership Team.

In addition, Kean DRISCOLL has been named Chief Underwriting Officer, General Insurance, effective immediately, and will report to David McELROY, Executive Vice President and Chief Executive Officer, General Insurance.

Tom BOLT has served as Chief Underwriting Officer, General Insurance, since 2018. He joined AIG from Berkshire Hathaway Specialty Insurance, where he was President and CEO of the U.K. and Southern Europe, and a member of Berkshire Hathaway International Insurance Ltd.'s Board of Directors. Prior to that, Tom BOLT was Director of Performance Management at Lloyd's of London and Managing Director of Marlborough Managing Agency at Lloyd's. Before joining Lloyd's, he spent 25 years at Berkshire Hathaway in a variety of senior executive roles.

Sabra PURTILL has been Executive Vice President, Chief Risk Officer, AIG, since July 2021, and has previously served as AIG's Deputy Chief Financial Officer overseeing Treasury, Rating Agency Relations, Investor Relations and Corporate Development. Prior to joining AIG in 2019, Sabra PURTILL was with The Hartford Financial Services Group, Inc., where she served as Senior Vice President, Investor Relations & Treasurer. She was also Managing Director, Investor Relations & Communications, at Assured Guaranty Ltd. and prior to that was a Corporate Finance Officer at ACE Limited, now known as Chubb Limited.

Kean DRISCOLL has served as Global Head of Reinsurance Strategy, General Insurance, since 2020 and Global Chief Underwriting Officer, Property/Agriculture, General Insurance, since 2019. He was a founding member of Validus and served as Chief Executive Officer of Validus Re from 2012 until he joined the AIG General Insurance Chief Underwriting Office in 2019. He has more than 25 years of experience as a reinsurance underwriter, and previously held leadership roles with Quanta Re and Zurich Re N.A. (Converium).