NEW YORK--(BUSINESS WIRE)--Oct. 2, 2012--
American International Group, Inc. (NYSE:AIG) announced today that it
has received a notice that it is under consideration by the Financial
Stability Oversight Council (Council) for a proposed determination that
AIG is a systemically important financial institution pursuant to the
Dodd-Frank Wall Street Reform and Consumer Protection Act. The notice of
consideration states that it is intended to inform AIG that it will be
reviewed in Stage 3 of the process described in the Council’s
interpretive guidance for nonbank financial company determinations and
does not constitute notice of a proposed determination.
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries. AIG
companies serve commercial, institutional, and individual customers
through one of the most extensive worldwide property-casualty networks
of any insurer. In addition, AIG companies are leading providers of life
insurance and retirement services in the United States. AIG common stock
is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Source: American International Group, Inc.
American International Group, Inc.
Jim Ankner (News Media)
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