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Aig news from FierceComplianceIT

News

Calling out the AIG board

Where were the boards of directors as Wall Street firms melted down? Could they really have been so blind? At a general level, we have raised this issue. Now, at a more specific level, John Coffee of... Read more...

Press Releases

Fitch Rates ILFC's Unsecured Notes 'BB' and Secured Notes 'BBB-'

CHICAGO--(BUSINESS WIRE)-- Fitch rates International Lease Finance Corp.'s (ILFC) $500 million issuance of senior unsecured notes 'BB' and $3.9 billion issuance of secured notes 'BBB-'. Both ratings Read more >>

A.M. Best Places Ratings of AIG Subsidiaries Merit Life and Yosemite Under Review with Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has placed under review with developing implications the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Read more >>

Statement from Daniel Wu, President of Chinatrust Financial Holding Co. Ltd., Regarding His Company's Continued Interest in Purc

TAIPEI, Taiwan, Aug. 13 /PRNewswire/ -- "We respect AIG's recent statement that it intends to move forward with the planned sale of its life insurance subsidiary, Nan Shan, to a consortium led by Read more >>

Fitch Expects to Rate International Lease Finance Corp's $2.5B Secured Notes 'BBB-'

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings expects to rate International Lease Finance Corp.'s (ILFC) $2.50 billion of senior secured notes 'BBB-'. These notes will be rated two notches above ILFC's Read more >>

BestWeek: US Life Industry’s New Business Issued Fell in 2009 in Four of Five Segments

OLDWICK, N.J.--(BUSINESS WIRE)-- New business issued (insured amounts) by the United States life insurance industry fell in all categories in 2009 from 2008 except for group life, which rose 7.6%, Read more >>