Global insurer American International Group (AIG) has announced the appointment of Peter Bilsby, current Chief Executive Officer (CEO) of the Talbot Group, as Global Head of Specialty.
Talbot is a Lloyd’s insurance and reinsurance specialist that was acquired by AIG in July 2018 as part of its purchase of Validus Holdings Limited.
Bilsby has led the company as CEO since 2016 and will continue to do so until his successor is appointed, AIG said.
He joined Talbot in 2009 as Head of Global Aerospace and later became Managing Director of Talbot and Director of Underwriting.
Previously, Bilsby also served at XL London Market Ltd. and at Markel International, where he was Managing Director of the Aviation Division.
In his new role, Bilsby will report to Christoper Townsend, CEO of AIG General Insurance International, with responsibility for the global Energy, Marine, Aviation and Credit Lines businesses.
“I’m pleased to appoint Peter to lead our Global Specialty businesses,” said Townsend. “Our clients and partners will benefit from Peter’s deep understanding of this sector and his leadership track record at Talbot.”
Bilsby added: “I am very much looking forward to working with the team to build a market-leading global speciality business. It has been a privilege to serve as CEO of Talbot and to work alongside such talented colleagues.”
