23-09-2017 01:38 via insuranceinsider.com

AIG keeps 'too big to fail' tag after FSOC skips vote

AIG did not win a reprieve from stricter federal oversight
during a regulatory meeting today.
The global insurer's status as a systemically important
financial institution, often referred to as "too big to
fail", was up for discussion when a panel of regulators met to
weigh such designations, according to news reports and
lobbyists.
The Financial Stability Oversight Council, a 10-member panel led
by Treasury Secretary Steve Mnuchin, discussed the annual
reevaluations of nonbank companies that ha
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