Standard & Poor’s Ratings Services has assigned its “A+” junior subordinated debt rating to American International Group Inc.’s Series A-4 junior subordinated debentures due in 2077. “The ratings are based on the counterparty credit rating on AIG, which reflects the group’s extremely strong and well-diversified global competitive position, consistent track record of strong operating performance–notwithstanding recent accounting restatements–and strong organic growth in capital,” stated S&P credit analyst Rodney Clark.
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California 
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG 
Are We Training Claims Adjusters or Claims Processors? 
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11 
