NAIC - It Was AIG Financial Products

2011 1116 - GOV (House) - Insurance Oversight and Legislative Proposals - [PDF-131p 

  • Ms. VELAZQUEZ: So you are telling me that the collapse of AIG didn’t send shock waves throughout the—
  • Mr. TORTI (NAIC-RI): It absolutely did send shock waves, but that was the financial services division of AIG that did collapse.