Personal Finance

Fitch Raises VALIC Rating to A+

Fitch Ratings announced yesterday that it was raising the financial strength rating of American International Group, Inc.’s (AIG) U.S. life insurance subsidiaries, including VALIC, from A to A+, and the Rating Outlook is stable.

The respected national ratings company said the upgrade was a result of improvement in the capital position of AIG Life & Retirement’s member companies of which VALIC is a part. Also, the upgrade was driven by recovery of investment values over time and return to stronger operating profits and earnings stability. We strive every day to earn the trust our clients have placed in us.

Additional details on the upgrade are available via this link.

Categories: Personal Finance

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