AIG - Life Insurance Companies Value

  • (p127) - However, state insurance regulators would have to approve the sale of insurance subsidiaries domiciled within their state under state insurance laws, and as discussed in the next section, it would be difficult to get value if there had been a “run” on the insurance subsidiaries as a result of the bankruptcy filing of the AIG parent company and other domestic, non-regulated subsidiaries.

2010 0610 - COP June Oversight Report - The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy - 337p