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AIG Off Fitch Negative Watch

The agency said the action reflects its belief that the "majority of the uncertainties surrounding AIG over the last 12-to-14 months have been resolved and that the company's financial profile and com

By Staff Writer | Updated on April 11, 2006

Fitch Ratings has removed American International Group from a negative watch, asserting most of the company’s legal difficulties have been resolved.

The agency said the action reflects its belief that the “majority of the uncertainties surrounding AIG over the last 12-to-14 months have been resolved and that the company’s financial profile and competitive positioning remain supportive of its current ratings.”

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