SINGAPORE, Feb 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed
the financial strength rating of A (Excellent) and the issuer credit
rating of “a” and has maintained the under review with negative
implications status for AIG Australia Limited (AIG Australia)
(Australia). The ultimate parent company is American International
Group, Inc. (AIG) [NYSE: AIG]. The ratings of all AIG’s subsidiaries
remain under review with negative implications over concerns of the
strengthening of loss reserves in AIG’s non-life business by $3.6
billion during the fourth quarter of 2015. Concurrently, A.M. Best has
withdrawn
AIG Australia’s ratings in response to the company’s request to no longer participate in A.M. Best’s interactive rating process.
http://mrem.bernama.com/viewsm.php?idm=26288
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