AIG Names Eastwood to Replace Kelley as CEO at Lexington Insurance

December 9, 2008

American International Group (AIG) has named Peter Eastwood as president and chief executive officer of leading surplus lines insurer Lexington Insurance Co., a unit of AIG Commercial Insurance.

Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who has left the company to become CEO of specialty insurer Ironshore.

Eastwood will report to John Q. Doyle, president and CEO of AIG Commercial Insurance.

Eastwood joined AIG in 1991 serving in senior management positions within AIG Executive Liability, AIG Risk Finance, AIG Reinsurance Advisors and Lexington Insurance Co., including division vice president of Commercial Directors and Officers Liability Insurance, executive vice president and chief operating officer of AIG Risk Finance and president of AIG’s Risk Specialist Companies. In his most recent position, Eastwood was executive vice president of Lexington with various executive responsibilities including managing that company’s extensive Healthcare operations.

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