Fed oversight 'welcome', says AIG's Sankaran

Chief risk officer says federal regulation necessary to close regulatory gaps

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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 individual account here