(Bloomberg) -- American International Group Inc., the insurer that received a $182.3 billion bailout, said it would weigh reshaping the company to escape the U.S. government risk tag that brings greater regulatory oversight.
“The discussion of the off-ramp certainly means that there is a strategic question to be answered at some point down the road,” Chief Executive Officer Peter Hancock said Friday in a conference call with analysts.
AIG is one of four companies designated by a Treasury Department-led panel as a non-bank systemically important financial institution, or SIFI. General Electric Co. announced a plan last month to exit most lending operations as part of a push to make its finance arm the first entity to shed the Federal Reserve’s too-big-to fail oversight.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
