Fitch Ratings' said new Federal Reserve Bank support for American International Group and action by the insurer led it to affirm ratings of AIG subsidiaries United Guaranty Corp (UGC), United Guaranty Residential Insurance Company (UGRIC), and Ezer Mortgage Insurance Company (EMI).

Fitch said the Nov 10 ratings actions affirming the “A” long-term Issuer Default Rating (IDR) of UGC, the “AA-minus” insurer financial strength (IFS) rating of UGRIC, and the “A” IFS rating of EMI were part of Fitch's broader rating actions taken on AIG, which is UGC's ultimate parent company.

Now, Fitch said it has withdrawn the issuer default rating of UGC and the insurer financial strength rating of EMI at the request of AIG.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.