AIG names new SVP for SunAmerica Financial

Feb 18, 2010 (Datamonitor via COMTEX) -- American International Group has appointed Timothy Schiltz as senior vice president of SunAmerica Financial Group. He will also be named chairman of AIG Star Life Insurance Company and AIG Edison Life Insurance Company, effective April 1, 2010.

SunAmerica Financial Group is currently comprised of American International Group's (AIG's) domestic life and retirement services businesses. AIG Star and AIG Edison are life insurance, annuity, and accident and health providers in Japan.

Mr Schiltz will be responsible for the shareholder representation and oversight of AIG Star and AIG Edison by AIG. He will report to Jay Wintrob, president and CEO of SunAmerica Financial Group.

Mr Schiltz joins SunAmerica Financial Group from American Life Insurance Company, where he was senior vice president and a member of the board of directors. He joined AIG in 2006 as regional vice president of AIG International Retirement Services in Asia. Prior to that, Mr Schiltz served as president and CEO of Hartford Life Japan.

Robert Benmosche, president and CEO of AIG, said: "I am very enthusiastic about bringing AIG Star and AIG Edison together with SunAmerica Financial Group under the leadership of Jay Wintrob. Both AIG Star and AIG Edison have roots that include over 100 years of experience in the Japanese market, and we greatly value the distinct strengths of their career and independent agencies."

http://www.datamonitor.com

Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon