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AMERICAN INTERNATIONAL HEALTHCARE APPOINTS NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER

 AMERICAN INTERNATIONAL HEALTHCARE APPOINTS
 NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER
 NEW YORK, June 12 /PRNewswire/ -- American International Healthcare, Inc. (AIH), a member company of American International Group, Inc. (NYSE: AIG), announced today that it has appointed Alfred J. Discepolo president and chief executive officer, replacing Thomas Ramey, who has resigned.
 Discepolo, 49, was previously senior vice president and chief financial officer of AIH, a position he had held since 1989. He has an extensive background in the insurance industry, particularly in the financial management area. Discepolo holds an A.B. degree from St. Peter's College and an M.A. from Fordham University, both in economics.
 Commenting on Discepolo's appointment, Stanton F. Long, president of AIG's Cost Containment Division, whose responsibilities include AIH, said, "Al Discepolo has made a major contribution to AIH and earned the respect of his colleagues and customers. AIH has emerged as a nationwide leader in insurance cost containment products, services and software. As the company's new president, Al will help ensure AIH remains a leader in these fields in the future."
 AIH is AIG's managed health care company. It provides cost containment products to both the group benefits and workers' compensation markets, and is a leading developer and vendor of managed care software systems for HMO's, PPO's and TPA's. AIH provides consulting services and managed care products worldwide.
 AIG is the leading U.S.-based international insurance organization and the largest underwriter of commercial and industrial insurance in the United States. Its member companies write property, casualty, marine, life and financial services insurance in approximately 130 countries and jurisdictions, and are engaged in a range of financial services businesses. American International Group, Inc.'s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
 -0- 6/12/92
 /CONTACT: Joe Norton of American International Healthcare, 212-770-3144/
 (AIG) CO: American International Healthcare, Inc. ST: New York IN: INS SU: PER


TS -- NY052 -- 9707 06/12/92 13:13 EDT
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Publication:PR Newswire
Date:Jun 12, 1992
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