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AIG Czech Republic Posjistovna, A.S. Rated 'AAA'.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 4, 2003

Standard & Poor's--Standard & Poor's Ratings Services today said it assigned its 'AAA' financial strength rating to AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
 Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north.  Posjistovna, A.S. (AIG Czech) based on explicit support from 'AAA' rated American Home For the American mortgage lender, see .
The American Home is a center of intercultural exchange located in Vladimir, Russia. The home is designed to model a typical American suburban home and its main focus is the ESL school that provides lessons for Russian students.
 Assurance Co., an insurance company that is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of American International Group
"AIG" redirects here. For other uses, see AIG (disambiguation).


American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City.
 Inc. (NYSE NYSE

See: New York Stock Exchange
: AIG). The outlook is stable.

"AIG Czech offers insurance products to a wide range of commercial and industrial companies in the Czech Republic, and all insurance coverages are backed by AIG's extensive network of branches in more than 130 countries throughout the world," noted credit analyst Grace Osborne. AIG Czech's strategy since it first began in 1992 is to continue expanding its product offerings while being mindful of its profit-oriented underwriting culture.

AIG demonstrated its financial commitment by adding capital when this operation was hit by catastrophic flood losses in August 2002. Current capital is CzK264 million.

Complete ratings information is available to subscribers of RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Credit Ratings Actions.

Copyright 2003, Standard & Poor's Ratings Services
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 4, 2003
Words:212
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