A.M. Best Co. has revised the outlook to stable from negative and
affirmed the issuer credit rating (ICR) of "bbb" of American
International Group, Inc. (AIG) (NYSE: AIG). Concurrently, A.M. Best
has revised the outlook to stable from negative and affirmed the
financial strength ratings (FSR) of A (Excellent) and ICRs of "a" of
Chartis US Insurance Group and its members as well as the Lexington
Insurance Pool (headquartered in Boston, MA)and its members.
(For further information on the Chartis US Insurance Group and the
Lexington Insurance Pool, please refer to the press release dated
January 27, 2012 titled, "A.M. Best Revises Outlook to Stable for Most
American International Group, Inc. North American Property/Casualty
Companies.") All the above companies are headquartered in New York, NY,
unless otherwise specified.
A.M. Best also has revised the outlook to stable from negative and
affirmed the FSR of A (Excellent) and ICRs of "a" of the domestic
life/health subsidiaries of AIG, collectively referred to as SunAmerica
Financial Group (SAFG) (headquartered in Houston, TX). (For further
details on these rating actions, including factors that might cause
upward or downward changes in these ratings, please refer to the press
release dated January 27, 2012 titled, "A.M. Best Revises Outlook to
Stable for Ratings of American International Group, Inc.'s Domestic
Life/Health Subsidiaries.")
In addition, A.M. Best Europe – Rating Services Limited has
assigned a FSR of A (Excellent) and ICRs of "a" to Chartis Europe
Limited (United Kingdom) and Chartis Europe S.A. (France).
The outlook assigned to these ratings is stable. (Details on these
rating assignments are provided in the press release dated January 27,
2012 titled, "A.M. Best Assigns Ratings to Chartis Europe Limited and
Chartis Europe S.A." issued by A.M. Best Europe – Rating Services
Limited.)
Additionally, A.M. Best has upgraded the FSR to A- (Excellent) from B++
(Good) and the ICR to "a-" from "bbb+" for The Fuji Fire & Marine
Insurance Company, Limited (Fuji) (Japan). These ratings have been
removed from under review with positive implications and assigned a
stable outlook. (Please refer to the press release dated January 27,
2012 titled, "A.M. Best Upgrades Ratings of The Fuji Fire & Marine
Insurance Company, Limited" for further details.)
The revised outlook for AIG reflects A.M.