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Peter Zaffino Biography and Net Worth

Chairman & CEO of American International Group

Peter Zaffino is Chairman & Chief Executive Officer of American International Group, Inc. (AIG). He also serves as Chairman of the Board of Directors for Corebridge Financial, Inc. (NYSE: CRBG).

Mr. Zaffino joined AIG in July 2017 as Global Chief Operating Officer. In December 2019 he was also appointed to the role of President of AIG, in March 2021 he took on the additional role of Chief Executive Officer and as of January 2022 became Chairman of the Board of Directors.

Mr. Zaffino has more than 30 years of experience in the insurance and reinsurance industry. He joined AIG from Marsh McLennan, where he was Chairman of the Risk & Insurance businesses (Marsh and Guy Carpenter) beginning in 2015, in addition to serving as Chief Executive Officer of Marsh since 2011. Prior to his role at Marsh, Mr. Zaffino was President & Chief Executive Officer of Guy Carpenter from 2008 to 2011, a company he first joined in 2001.

Before joining Guy Carpenter, Mr. Zaffino served in executive roles at several market-leading companies, including a portfolio company of GE Capital that specialized in alternative risk insurance and reinsurance.

Mr. Zaffino earned a BA in economics from Boston College and an MBA in finance from New York University’s Leonard N. Stern School of Business. He is a member of the Boards of The Michael J. Fox Foundation for Parkinson’s Research and the New York Police and Fire Widows’ and Children’s Benefit Fund.

What is Peter Zaffino's net worth?: The estimated net worth of Peter Zaffino is at least $40.71 million as of March 15th, 2024. Mr. Zaffino owns 505,420 shares of American International Group stock worth more than $40,706,527 as of May 19th. This net worth approximation does not reflect any other investments that Mr. Zaffino may own. Additionally, Mr. Zaffino receives a salary of $10,760,000.00 as Chairman & CEO at American International Group. Learn More about Peter Zaffino's net worth.
How old is Peter Zaffino?: Mr. Zaffino is currently 57 years old. There are 8 older executives and no younger executives at American International Group. Learn More on Peter Zaffino's age.
What is Peter Zaffino's salary?: As the Chairman & CEO of American International Group, Inc., Mr. Zaffino earns $10,760,000.00 per year. Learn More on Peter Zaffino's salary.
How do I contact Peter Zaffino?: The corporate mailing address for Mr. Zaffino and other American International Group executives is 175 WATER STREET, NEW YORK NY, 10038. American International Group can also be reached via phone at (212) 770-7000 and via email at [email protected]. Learn More on Peter Zaffino's contact information.
Has Peter Zaffino been buying or selling shares of American International Group?: Peter Zaffino has not been actively trading shares of American International Group during the last quarter. Most recently, Peter Zaffino sold 333,000 shares of the business's stock in a transaction on Friday, March 15th. The shares were sold at an average price of $75.87, for a transaction totalling $25,264,710.00. Following the completion of the sale, the chief executive officer now directly owns 505,420 shares of the company's stock, valued at $38,346,215.40. Learn More on Peter Zaffino's trading history.
Who are American International Group's active insiders?: American International Group's insider roster includes Kathleen Carbone (CAO), Douglas Dachille (EVP), Brian Duperreault (CEO), Luciana Fato (EVP), Elias Habayeb (CFO), Kevin Hogan (EVP), John Inglis (Director), William Jurgensen (Director), Seraina Macia (CEO), Alessandrea Quane (EVP), and Peter Zaffino (Chairman & CEO). Learn More on American International Group's active insiders.
Are insiders buying or selling shares of American International Group?: During the last twelve months, American International Group insiders bought shares 3 times. They purchased a total of 800,819 shares worth more than $20,058,850.01. During the last twelve months, insiders at the insurance provider sold shares 7 times. They sold a total of 136,072,975 shares worth more than $2,445,687,789.08. The most recent insider tranaction occured on March, 15th when CEO Peter Zaffino sold 333,000 shares worth more than $25,264,710.00. Insiders at American International Group own 0.6% of the company. Learn More about insider trades at American International Group.
Information on this page was last updated on 3/15/2024.

Peter Zaffino Insider Trading History at American International Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
3/15/2024	Sell	333,000	$75.87	$25,264,710.00	505,420

Peter Zaffino Buying and Selling Activity at American International Group

American International Group Company Overview

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

Today's Range

Now: $80.54

$78.83

$80.77

50 Day Range

MA: $76.67

$72.58

$80.54

2 Week Range

Now: $80.54

$52.78

$80.83

Volume

6,778,781 shs

Average Volume

3,959,874 shs

Market Capitalization

$53.45 billion

P/E Ratio

12.02

Dividend Yield

1.79%

Beta

1.02

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Peter Zaffino Biography and Net Worth

What is Peter Zaffino's net worth?

How old is Peter Zaffino?

What is Peter Zaffino's salary?

How do I contact Peter Zaffino?

Has Peter Zaffino been buying or selling shares of American International Group?

Who are American International Group's active insiders?

Are insiders buying or selling shares of American International Group?