AIG has recruited Scott Leney from Everest Insurance to be regional president for Asia-Pacific, with Chris Colahan leaving the role for Chubb.

Mr Leney, who previously spent 25 years at Marsh McLennan in Australian and Asia-Pacific leadership roles, will join AIG on February 1.

“Scott’s extensive insurance industry experience and reputation across the Asia-Pacific region makes him an excellent addition to AIG’s international commercial insurance leadership team,” AIG general insurance CEO Jon Hancock said.

“His deep understanding of the opportunities across the region will be invaluable as we continue to grow our share in the marketplace.”

Mr Leney’s new role covers Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam and the Philippines.

Mr Colahan is leaving AIG to become Chubb head of commercial property and casualty for Asia-Pacific, effective February 9.

“We are delighted that Chris is joining the Chubb team,” said Marcos Gunn, regional president of Chubb overseas general, Asia-Pacific. 

“He is a proven industry leader, with an extensive and deep understanding of the region, which will be invaluable as we continue to build our business in Asia-Pacific.”

Mr Colahan has also held senior roles with Berkshire Hathaway Specialty Insurance in London and Australia, and at RSA Insurance across the region.

He will report to Mr Gunn and Brian Church, division president for property and casualty, Chubb overseas general. He will also join the Asia-Pacific executive committee.

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