January 24, 2018 / 2:21 PM / a month ago

General Electric says US regulators are investigating insurance charge

Jan 24 (Reuters) - General Electric Co’s chief financial officer said on Wednesday the U.S. Securities and Exchange Commission is investigating a recent insurance charge.

GE said last week it would book a $11-billion charge in the fourth quarter, including $6.2 billion for reevaluation of insurance assets. The insurance charge was double what GE had warned last year. (Reporting by Alwyn Scott; Editing by Bill Rigby)

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