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September 29, 2017

STATEMENT BY SUPERINTENDENT OF FINANCIAL SERVICES MARIA T. VULLO ON DE-DESIGNATION OF AMERICAN INTERNATIONAL GROUP AS A SYSTEMICALLY IMPORTANT FINANCIAL INSTITUTION

“Following today's decision by the Financial Stability Oversight Council to remove AIG from its list of systemically important financial institutions, the New York State Department of Financial Services will continue to conduct in-depth and rigorous supervision of AIG’s insurance companies to ensure their financial soundness and compliance with law. This state-based regulation will continue to keep our financial markets strong and robust, while protecting consumers.”

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