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.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Kansas Man Sentenced for Insurance Fraud, Forgery 
‘Structural Shift’ Occurring in California Surplus Lines 
Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims 
