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John Neal Bows Out as AIG President Before Start

11/14/2025

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Story summary
  • John Neal, former CEO of Lloyd’s of London, will not join American International Group (AIG) as president, per SEC filing.
  • Neal was set to start on December 1, 2025.
  • This marks a second 2025 instance where Neal was appointed to a position he did not occupy.
  • Jon Hancock will become AIG’s CEO of General Insurance on January 1, 2026.
  • Peter Zaffino will oversee the company’s organizational structure moving forward.