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The most prominent independent ratings agencies continue to recognize American General Life Companies (American General) member companies in terms of insurer financial strength.
| Insurer financial strength ratings as of September 30, 2009 |
American General Life Insurance Company
American General Life and Accident Insurance Company
The United States Life Insurance Company in the City of New York
AIG Life Insurance Company
American International Life Assurance Company of New York
| Agency | Rating | Descriptor | Definition |
| Standard & Poor’s1 | A+ | 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 Service2 | A1 | 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.” |
| Fitch Ratings3 | A- | 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.” |
| A.M. Best Company4 | A | Excellent | “Assigned to companies that have, in our opinion, an EXCELLENT ability to meet their ongoing insurance obligations.” |
American General Assurance Company
| Agency | Rating | Descriptor | Definition |
| A.M. Best Company4 | A | Excellent | “Assigned to companies that have, in our opinion, an EXCELLENT ability to meet their ongoing insurance obligations.” |
1Negative outlook 2Developing outlook 3Evolving outlook 4Negative outlook
Here are four reasons why American General may be the right choice for your insurance and annuity needs.
- Service designed with you in mind: At American General, we design our service from the outside-in, with technology and service centers designed to exceed your expectations. In addition, our customer feedback program alerts us to service issues in real-time and allows us the opportunity to make continuous enhancements to your service experience.
- Commitment to our promises: Over the past five years, member insurers of American General have collectively paid out $34 billion in claims and benefits to our customers.5
- People are the value behind our business: Our platform is built on putting the right people in the right positions to help you from start to finish.
- Products for every stage in life: From protection and accumulation to income management and wealth transfer, American General’s product portfolio includes a full line of fixed and variable life insurance, annuities, accident and health products, and worksite benefits.6
- The #1 provider of term life insurance in the United States in 20087
- First to market with customizable term coverage with or without return of premium
- First to market with index universal life products using global indices
- Innovator of accident and health insurance products that offer living benefits payable to the policy owner
- Innovator of fixed, index and income annuities for retirement needs
These are the reasons millions of Americans have chosen American General insurance companies. And why we are the right choice for your insurance and annuity needs today.
5 Source: Statutory Annual Statements for all American General Life Companies member life insurers, excluding AIG Life Insurance Company of Canada, 2004-2008
6 Variable universal life insurance policies issued by American General Life Insurance Company and The United States Life Insurance Company in the City of New York are distributed by American General Equity Services Corporation, member FINRA
74Q08 LIMRA Sales Survey
Information regarding American International Group, Inc. or American General Life Companies presented in this Web page is for informational purposes only and represents combined statistical information of the subsidiaries of American International Group, Inc. Neither American International Group, Inc. nor American General Life Companies underwrites any insurance policy described. The licensed insurance company underwriting the product is responsible for its own financial condition and its contractual obligations.
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