Fitch affirms AIG’s ratings

AIG's ratings affirmation followed an actions announcement and reflected Fitch’s assumption of a 'government support floor' which will likely remain in place until AIG fully executes its restructuring plan.

Among these actions, AIG said it will issue $40bn (£25.5bn) of cumulative senior perpetual preferred stock, which the US Treasury will purchase through the Troubled Asset Relief Program (TARP). These securities will be secondary to the rankings of AIG's senior unsecured, junior subordinated

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: