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A.M. Best Comments on the Acquisition of American International Group, Inc.'s Personal Lines Companies by Farmers Group, Inc.

Publication: Investment Weekly News
Publication Date: 09-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
A.M. Best Co. has commented that the financial strength rating of A (Excellent), issuer credit ratings of "a" and negative outlook of the personal lines companies owned by American International Group, Inc. (AIG) (New York, NY) are unchanged following the announcement of the sale of these AIG companies to Farmers Group, Inc. (Farmers) (Los Angeles, CA), a subsidiary of Zurich Financial Services (Zurich) (Zurich, Switzerland). (See below for a...

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