AIG sees uncertainty in 'too-big-to-fail' label for insurers-filing | 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
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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By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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