AM Best Comments on Credit Ratings of American International Group, Inc. and Its Subsidiaries Following Change in Leadership
AIG has appointed
AIG has stated that it became aware that Lyons had violated his confidentiality/non-disclosure obligations to the company, but it was unrelated to the company's financial statements, financial reporting generally and related disclosure controls and procedures, or reserves. Based on conversations with AIG management, AM Best expects that with the indicated changes in leadership, the organization will continue to execute on its stated business plans and complete its year-end 2022 financial filings in a timely manner.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings . For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
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Source: AM Best