This content is from: Capital Markets

Basel almost destroyed AIG

Basel II is flawed. It encouraged banks to reduce their capital requirements by obtaining guarantees from insurers. This not only left the banks undercapitalised, it undermined the integrity of insurers such as AIG

To access our in-house intelligence please request a trial here.

Read this article – and more – for a 30 day period.

REQUEST ACCESS

Are you already an IFLR subscriber? Login here

Instant access to all of our content. Membership Options | 30 Day Trial