Report title: Bulletin: American International Group Inc. Ratings Unaffected By Recent Media Reports
from S&P Credit Research
476 word report published Dec 11, 2008

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Abstract: NEW YORK (Standard&Poor's) Dec. 11, 2008--Standard&Poor's Ratings Services said today that its ratings on American International Group Inc. (NYSE:AIG; A-/Watch Neg/A-1) are unaffected by media reports of additional losses on the company's credit default swap contracts. In Standard&Poor's view, the $10 billion figure reported in the media relates to specific exposures on which AIG has previously reported a partial loss, and not to any new losses on AIG Financial Products' portfolio. These exposures and the related losses were already incorporated in Standard&Poor's analysis and the counterparty credit rating on AIG. As explained in AIG's response to the reports, the contracts in question relate to $9.8 billion of notional exposure to swaps covering

Brief Excerpt: RESEARCH Ratings Definitions Bulletin: American International Group Inc. Ratings Unaffected By Recent Media Reports Publication date: 11-Dec-2008 Primary Credit Analyst: Rodney A Clark, FSA, New York (1) 212-438-7245; rodney_clark@standardandpoors.com...

Report Type: Bulletin
Ticker: AIG
Issuer: American International Group Inc.
GICS: Multi-line Insurance (40301030)
Sector: Global Issuers, Public Finance, Structured Finance
Country: United States
Region: United States
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