Incoming president of insurance giant A.I.G. walks away from expected post after New York Times asks about prior personal relationship

NEW YORK, November 15 (C'est Vrai) — An insurance executive with the experience of having led two insurance industry leaders abruptly parted ways with A.I.G., where it was anticipated he would be named president. John Neal, who once led QBE and Lloyd's of London, mutually agreed with the U.S. insurance giant to withdraw from his expected post. The announcement followed questions posed by the New York Times over a past personal relationship Neal had with a subordinate whilst at QBE.

Further Reading :

• A.I.G. Parts Ways With Incoming President Before He Assumes Role [The New York Times]
  Nov. 14, 2025 — John Neal’s withdrawal from the insurer comes as the company grapples with another high-profile departure.
• John Neal draws $14.2 million pay package from AIG [Business Insurance]
  July 21, 2025 — Former Lloyd’s of London CEO John Neal is set to receive $14.2 million in compensation from American International Group Inc., more than 11 times his previous pay package.
• QBE chief John Neal's bonus cut by $550,000 after relationship with secretary [The Sydney Morning Herald]
  Feb. 27, 2017 — Insurance giant QBE's chief executive John Neal has suffered a $550,000 cut to his bonus for not disclosing a romantic relationship with his executive assistant.

Key Words :

• AMERICAN INTERNATIONAL GROUP, INC.
• John Neal
• LLOYD'S OF LONDON
• QBE Insurance Group