Business Standard

Sunday, January 19, 2025 | 09:11 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Image

Reuters

(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)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News