American International Group (AIG) has announced the appointment of Charlie Fry as executive vice president of reinsurance purchasing and risk capital optimization, effective July 31. Fry will report to Peter Zaffino, chairman and CEO of AIG.
In his new role, Fry will be responsible for AIG’s reinsurance purchasing strategy and placement execution, as well as optimizing capital allocation in the company’s property-casualty business. He will work closely with Shane Fitzsimons, AIG executive vice president and chief financial officer, and Mark Lyons, executive vice president, global chief actuary and head of portfolio management.
Fry first joined