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AIG sees uncertainty in 'too-big-to-fail' label for insurers - filing

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Reuters
Last Updated : Feb 24 2017 | 4:28 AM IST

(Reuters) - Insurance giant American International Group sees "considerable uncertainty" about U.S. regulations that deem non-bank financial institutions as being too-big-to-fail, given the recent change in White House administrations, according to a filing.

The "appropriateness and federal regulation" of non-bank too big-to-fail institutions may also be questioned," AIG wrote in its 2016 annual filing.

Tax reform measures, as discussed by the White House, could also affect the insurer, AIG said. A change in the U.S. corporate tax rate could reduce the values of its deferred tax assets and investments in tax exempt securities, the company said.

(Reporting by Suzanne Barlyn; Editing by David Gregorio)

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First Published: Feb 24 2017 | 4:10 AM IST

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