Report title: Research Update: Ratings On Several Minor AIG Subsidiaries Withdrawn; Rating On Another Subsidiary Affirmed
from S&P Credit Research
801 word report published Feb 04, 2009

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Abstract: On Feb. 4, 2009, Standard&Poor's Ratings Services took various ratings actions on several American International Group Inc. (NYSE:AIG) subsidiaries (see the ratings list). These actions follow AIG's decision to revise or terminate guarantees. The guarantees had provided the basis for the ratings. Therefore, we are withdrawing ratings that are no longer necessary. In addition, Standard&Poor's revised its CreditWatch implications on the 'A+' ratings on American Life Insurance Co.'s (ALICO) subsidiaries, First American Czech Insurance Co. A.S. and AHICO First American-Hungarian Insurance Co., to CreditWatch developing from CreditWatch negative. The action was the result of a change in the guarantor from National Union to ALICO. We also affirmed our 'ruAAA' rating on AIG Life Insurance Co. ZAO

Brief Excerpt: RESEARCH Ratings Definitions Research Update: Ratings On Several Minor AIG Subsidiaries Withdrawn; Rating On Another Subsidiary Affirmed Publication date: 04-Feb-2009 Primary Credit Analyst: Rodney A Clark, FSA, New York (1) 212-438-7245;...

Report Type: Research Update
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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