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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Published Date: Feb 24, 2017 04:45 am | Updated Date: Feb 24, 2017 04:45 am