AIG chief, major names head to board of The Geneva Association

International think tank The Geneva Association has added four big names to its board of directors.

The new board members are Aegon chief executive Lard Friese, People’s Insurance Company of China chair Xi Luo, Nippon Life president and CEO Hiroshi Shimizu, and AIG chair and chief executive Peter Zaffino.

“As representatives of Europe, China, Japan, and the United States, their views will be instrumental to ensuring our agenda captures the priorities of insurers around the globe,” commented Swiss Re CEO and The Geneva Association chair Christian Mumenthaler, referring to the four business leaders.

Meanwhile The Geneva Association, which last week gathered 57 global insurance CEOs at its general assembly in Italy, also announced that it has joined the United Nations Environment Programme-Finance Initiative (UNEP-FI) Principles for Sustainable Insurance.

“I am pleased that The Geneva Association has become a supporting institution of UNEP-FI’s Principles for Sustainable Insurance, reinforcing that sustainability – the E, the S, and the G – is a central issue for the industry,” said Mumenthaler.