At AIG’s Life Insurance Division, we know that our insurers sell promises—promises to our policy owners that we will protect their families from the unexpected, promises that we will help safeguard their hopes and dreams for the future, and promises to be there when our policy owners need us most. AIG’s member life insurers, including American General Life Insurance Company (AGL), and The United States Life Insurance Company in the City of New York (US Life), have been keeping promises to American families and businesses for more than 160 years; our origins date back to 1850. Over the past five years alone, member insurers have collectively paid out $38 billion in claims and benefits to our customers.
|Standard & Poor’s||A+1||Strong||“An insurer rated ‘A’ has STRONG financial security characteristics, but is somewhat more likely to be affected by adverse business conditions than are insurers with higher ratings.”|
|Moody's Investors Service||A21||Good||“Insurance companies rated ‘A’ offer GOOD financial security. However, elements may be present, which suggest a susceptibility to impairment some time in the future.”|
|A.M. Best Company||A1||Excellent||“Assigned to companies that have, in our opinion, an EXCELLENT ability to meet their ongoing insurance obligations.”|
|Fitch Ratings||A+1||Strong||“Denote a low expectation of ceased or interrupted payments. They indicate STRONG capacity to meet policyholder and contract obligations. This capacity may, nonetheless, be more vulnerable to changes in circumstances or in economic conditions than is the case for higher ratings.”|