Rating Action On AIG
Posted on May 24, 2012 at 18:53 PM EDT
Fitch Ratings reiterated Issuer Default Rating (IDR) of ‘BBB’ of American International Group Inc. (NYSE:AIG). The outlook remains positive. Subsequently, the rating agency also reiterated the Insurer Financial Strength ratings of ‘A’ on the company’s operating units with a stable outlook. The rating affirmations came on the back of the company’s competitive positioning in the [...]

Fitch Ratings reiterated Issuer Default Rating (IDR) of ‘BBB’ of American International Group Inc. (NYSE:AIG). The outlook remains positive. Subsequently, the rating agency also reiterated the Insurer Financial Strength ratings of ‘A’ on the company’s operating units with a stable outlook.

The rating affirmations came on the back of the company’s competitive positioning in the life and non-life insurance market. However, weak performances at the company’s core insurance operations … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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