Posted On: October 4, 2008, 9:33 am CDT

Posted By: Joe Petrelli

By and large, the insurance subsidiaries of the holding company, AIG, are in very good financial shape. In fact, one of the best ways for an insurance company to figure out what it's ultimate exposures are is to slow its rate of growth. For an international insurance group writing virtually all lines of insurance, the transition to a steady state, rather than go-go growth, may seem mundane; however, several years from now, when the insurance carriers within the AIG family, are still writing business and paying claims, state regulation will be vindicated.