Insurance news

• Trump takes aim at SIFI process that ensnared AIG

  22-04-2017 04:19
  President Donald Trump ordered Treasury Secretary Steve Mnuchin
  to put on hold parts of the 2010 Dodd-Frank law that allowed the
  government to designate AIG and two other insurers as
  "systemically important financial institutions" in a move
  that may precede a full overhaul of the law.
  The order, according to Mnuchin, calls for "a much needed
  time-out from the Financial Stability Oversight Council's
  process for designating financial institutions as systemically
  important," Mnuchin said in welcomi
  
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• AIG leadership speculation focuses on Duperreault

  22-04-2017 04:19
  Brian Duperreault's name has surfaced again in reports about
  the leadership challenge facing AIG.
  The Hamilton Insurance Group CEO is "a leading
  candidate" to replace AIG's top executive, Peter Hancock,
  who announced his resignation under pressure last month, The
  Wall Street Journal said today.
  A day earlier, Barclays analyst Jay Gelb praised Duperreault as
  "among the best possible candidates" to take over at the
  troubled insurance giant.
  "Mr. Duperreault would be able to form a workable strateg
  
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