IDEAS home Printed from https://ideas.repec.org/a/ysm/ypfsfc/311616.html
   My bibliography  Save this article

Lessons Learned: Eric Dinallo

Author

Listed:

Abstract

Eric Dinallo was New York State Superintendent of Insurance from January 2007 through July 2009. In New York, as throughout the United States, insurance companies are regulated at the state level. In his position as Superintendent, Dinallo oversaw the insurance operating companies of American International Group (AIG) within New York. AIG's holding company, however, was supervised at the federal level. Much of AIG's problems came from its non-insurance subsidiary AIG Financial Products (AIGFP), which was a major presence in the market for credit default swaps (CDS), a type of derivative that was a factor behind the 2007-09 financial crisis. This "Lesson Learned" is based on an interview with Mr. Dinallo.

Suggested Citation

  • Haggerty, Maryann, 2021. "Lessons Learned: Eric Dinallo," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 3(1), pages 504-508, April.
    • Handle: RePEc:ysm:ypfsfc:311616
    as

    Download full text from publisher

    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1140&context=journal-of-financial-crises
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    American International Group (AIG); reserve requirements; derivatives; AIG Financial Products (AIGFP); National Association of Insurance Commissioners (NAIC); insurance regulators; statutory accounting principles (SAP); securities lending;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ysm:ypfsfc:311616. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/smyalus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.