Peter Zaffino
Profile Verified by The Marque
Last Updated: 22 Sep 2026
Executive Chairman of the Board of Directors
New York, US
Profile Verified by The Marque
Last Updated: 22 Sep 2026
THE MARQUE
In Their Own Right
Biography
Peter Zaffino is a highly regarded individual in financial services, including the insurance and reinsurance industry. Throughout his career, Peter has held numerous executive leadership positions at major insurance companies. He is best known for his role as Chairman and CEO of AIG, where he led the company’s unprecedented turnaround. In June 2026, Peter transitioned to Executive Chair of AIG’s Board of Directors.
Peter joined AIG in 2017 as its Global Chief Operating Officer. He was promoted to President in 2019 and was elevated to the role of Chief Executive Officer in 2021. Under his leadership, AIG implemented significant changes that improved the underwriting and operations of the company, which led to significantly improved financial performance and profitability as AIG became an industry-leading global property and casualty insurer recognized for its pioneering deployment of AI.
Previously, Peter served as President & CEO of Marsh, a global insurance broker and risk advisor. Before Marsh, he was President & CEO of global risk and reinsurance specialist, Guy Carpenter, where he held additional executive roles upon joining the firm in 2001. In addition, Peter served as Chairman of the Risk & Insurance businesses (Marsh and Guy Carpenter) of Marsh McLennan from 2015 until he left to join AIG.
He began his executive career in the insurance and reinsurance industry at several market-leading firms, including a portfolio company of GE Capital specializing in alternative risk.
As an individual dedicated to charitable causes, Peter has spent much of his life working to improve the lives of others. He serves on the Board of Directors for the Michael J. Fox Foundation for Parkinson’s Research and the Board of Trustees for the Hospital for Special Surgery, the world’s leading academic medical center focused on musculoskeletal health.
Peter earned a BA in Economics from Boston College and an MBA in Finance from the Stern School of business.
The Record
Background
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2026 — Present
Executive Chairman of the Board of Directors
AIG
As Executive Chairman of the Board of Directors of AIG, Peter provides leadership to the board while supporting the company's governance framework, strategic priorities, and long-term business direction.
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2021 — 2026
Chief Executive Officer
AIG
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies offer insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks.
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2020 — 2021
President & Global Chief Operating Officer
AIG
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2008 — 2011
President & Chief Executive Officer
Guy Carpenter
Guy Carpenter delivers a powerful combination of reinsurance broking expertise, capital solutions, strategic advisory services and industry-leading analytics. It is a global leader in risk transfer, new forms of capital, and actuarial science and analytics. Before being named President & CEO, Peter held additional executive roles when he joined the firm in 2001.
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2011 — 2017
President & Chief Executive Officer
Marsh
With offices in more than 130 countries, Marsh is the world’s leading insurance broker and risk advisor. It provides industry-focused brokerage, consulting and claims advocacy services, leveraging data, technology and analytics to help reduce its clients’ total cost of risk.
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2017 — 2021
Global Chief Operating Officer & CEO, General Insurance
AIG
In The News
Newsfeed
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14 May 2026 · Kleiner Perkins
How AIG Is Reinventing Insurance with AI | Peter Zaffino
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8 May 2026 · Bank Info Security
How Goldman Sachs, JPMorgan, AIG Are Actually Deploying AI
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28 April 2026 · AIG
Prize fund increase and broadcast hours / Continued AIG Women's Open growth in 2026
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16 March 2026 · Businesswire
McGill and Partners and AIG Launch Long-Term Strategic Collaboration
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30 October 2025 · Fortune
AIG to partner with specialty insurer Convex and asset manager Onex in $5 billion deal
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27 October 2025 · Fortune
AIG to acquire the majority of renewal rights to Everest Group’s global retail insurance portfolio
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6 October 2025 · Time Magazine
How AI Is Changing White-Collar Work
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12 August 2025 · Insurance Journal
AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Twin of Business
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6 August 2025 · Bloomberg
AIG Profit Beats Estimates as Catastrophe-Related Losses Tumble
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30 July 2025
AIG Women’s Open to be Played at Royal St George’s for First Time in 2027
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20 July 2025 · Time Magazine
How CEO Peter Zaffino Is Transforming AIG
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31 March 2025 · Bloomberg
AIG Steps Up Key Profitability Targets in CEO Zaffino's New Plan
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31 March 2025 · Insurance Insider
'We're a new company': AIG CEO Zaffino
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6 December 2024 · AIG
2024 AIG Women’s Open Wins the LPGA’s Gold Driver Award For Best Player Experience
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5 September 2024
AIG no longer in "rehabilitation phase": CEO Zaffino
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23 August 2024
How AIG Chairman & CEO Peter Zaffino and AIG Global Ambassador Georgia Hall prepare to lead
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23 December 2023 · InsurTech
Lifetime of Achievement: Peter Zaffino
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28 November 2023 · Bloomberg
The David Rubenstein Show: Peter Zaffino
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20 October 2023 · Insurance Journal
AIG’s CEO Sees Pandemic, Wars and Climate Change Among Biggest Risks
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31 July 2015 · Harvard Business Review
People Before Strategy: A New Role for the CHRO
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In Frame
Gallery
Formative Years
Education
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Boston College
B.A. | Economics
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NYU | Stern School of Business
MBA | Finance
Areas Of Focus