NEW YORK--(BUSINESS WIRE)--Sep. 29, 2017--
American International Group, Inc. (NYSE: AIG) today issued the
following statement from AIG President and Chief Executive Officer Brian
Duperreault regarding the Financial Stability Oversight Council’s
decision to remove AIG’s designation as a Systemically Important
Financial Institution (SIFI):
“I welcome the decision by the Financial Stability Oversight Council to
rescind AIG’s SIFI designation. The Council’s decision reflects the
substantial and successful de-risking that AIG’s employees have achieved
since 2008. The company is committed to continued vigilant risk
management and to working closely with our numerous regulators to enable
a strong AIG to continue to serve our clients.”
Certain statements in this press release constitute forward-looking
statements. These statements are not historical facts but instead
represent only AIG’s belief regarding future events, many of which, by
their nature, are inherently uncertain and outside AIG’s control. It is
possible that actual results will differ, possibly materially, from the
anticipated results contemplated by these statements. Factors that could
cause actual results to differ, possibly materially, from those in the
forward-looking statements are discussed throughout AIG’s periodic
filings with the Securities and Exchange Commission pursuant to the
Securities Exchange Act of 1934.
American International Group, Inc. (AIG) is a leading global insurance
organization. Founded in 1919, today AIG member companies provide a wide
range of property casualty insurance, life insurance, retirement
products, and other financial services to customers in more than 80
countries and jurisdictions. These diverse offerings include products
and services that help businesses and individuals protect their assets,
manage risks and provide for retirement security. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
| Twitter: @AIGinsurance www.twitter.com/AIGinsurance
| LinkedIn: www.linkedin.com/company/aig.
These references with additional information about AIG have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170929005827/en/
Source: American International Group, Inc.
American International Group, Inc.
Investors
Liz Werner,
212-770-7074
elizabeth.werner@aig.com
or
Media
Daniel
O’Donnell, 917-415-3481
dodonnell@brunswickgroup.com