Fed oversight 'welcome', says AIG's Sankaran

Chief risk officer says federal regulation necessary to close regulatory gaps

sankaran-1
Sid Sankaran, AIG

Federal regulation of systemically important insurers has played a vital role in eliminating blindspots in the US supervisory regime, which exacerbated the financial crisis, according to AIG's chief risk officer.

New York-based Sid Sankaran told Insurance Risk that AIG welcomes the introduction of the Federal Reserve as a consolidated group supervisor for US systemically important financial institutions (Sifis).

"AIG's approach to risk management is philosophically aligned with that of the Feder

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: