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The Financial Stability Oversight Council declared that AIG is no longer a systemically important financial institution, or SIFI, ending the threat of tighter capital rules. (AP Photo/Bebeto Matthews, File)

(Bloomberg) – Now that American International Group Inc. is no longer too big to fail, it has a goal: Get bigger.

The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis. That may allow new Chief Executive Officer Brian Duperreault to pursue the takeovers he’s said he’s wanted to do.

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