Zurich NA names James Bracken CFO as Peter Hirs moves to Group role [Yahoo! Finance]
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American International Group, Inc. New (AIG)
Last american international group, inc. new earnings: 2/13 06:45 am
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Source: Yahoo! Finance
SCHAUMBURG, Ill. June 25, 2024 /PRNewswire/ -- Zurich North America welcomes veteran senior insurance executive James Bracken as Chief Financial Officer, succeeding Peter Hirs, who returns to Zurich Insurance Group in Switzerland as Group Head of Mergers & Acquisitions. Both Bracken and Hirs assume their new roles July 1 Bracken, who has more than 25 years of financial services experience, was previously Chief Executive Officer at Fortitude Re and, before that, CFO at AIG General Insurance. During four years as Fortitude Re's CEO, Bracken built a Bermuda -based runoff reinsurance company with $75 billion in total assets. He led M&A transactions and a full carve-out from AIG, which culminated in the sale of Fortitude Re to an investor consortium. Before that, he served as CFO of AIG General Insurance for 6 of his 12 years with the company. Prior to AIG, Bracken worked in global finance and audit at GE Insurance, GE Capital and Arthur Andersen & Co. "James' extensive leadership exp
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