AIG hires UK Life Chief Actuary

Friday 23 July 2021

Aitchison joins the UK life insurance arm of AIG on 2nd August from Royal London Group after five years as Financial Risk Director.

AIG Michael Aitchison.jpg

He brings a wealth of experience, having been responsible for oversight of financial and insurance risks and developing the actuarial and capital aspects of the risk appetite framework, as well as embedding and developing the Solvency II internal model.

Prior to that, he was at Prudential for 15 year in a range of product pricing, capital, projects and financial reporting roles, including the launch and development of the PruProtect business. He will report to Donald MacLean, Chief Financial Officer at AIG Life.

Commenting on his appointment, MacLean said: “I am delighted that Michael is joining our business and look forward to welcoming him to the team. He brings a depth of market, risk and actuarial expertise to a role that is pivotal to our strategic ambitions.”