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S&P Credit Research841 word report
published Nov 05, 2008
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S&P Credit Research
| Abstract: | NEW YORK (Standard&Poor's) Nov. 5, 2008--Standard&Poor's Ratings Services said today that it revised the CreditWatch status of its ratings on a number of American International Group Inc.'s (NYSE:AIG) property/casualty subsidiaries and other units with ratings derived from guarantees from those subsidiaries to negative from developing. The ratings on AIG remain on CreditWatch negative, and the ratings on most of AIG's life insurance operations remain on CreditWatch developing. Standard&Poor's does not expect AIG to sell its core property/casualty operations under its restructuring plan. "The ratings on these companies are on CreditWatch negative to reflect our view of the likelihood of increased pressure on the performance of that business," explained Standard&Poor's credit analyst Rodney
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| Brief Excerpt: | RESEARCH Ratings Definitions Watch Status Of Ratings On AIG's Property/Casualty Companies Revised To Negative Publication date: 05-Nov-2008 Primary Credit Analyst: Rodney A Clark, FSA, New York (1) 212-438-7245; rodney_clark@standardandpoors.com...
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| Report Type: | Ratings Action
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| Ticker: | AIG
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| Issuer: | American International Group Inc.
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| GICS: | Multi-line Insurance (40301030)
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| Sector: | Global Issuers, Public Finance, Structured Finance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
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- Bulletin: American International Group Inc. Ratings Unaffected By Recent Media Reports $100.00
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 ...
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NEW YORK (Standard&Poor's) Nov. 10, 2008--Standard&Poor's Ratings Services said today that its ratings on American International Group Inc. (NYSE:AIG; A-/Watch Neg/A-1) and subsidiaries are unaffected by the company's earnings announcement ...
