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AIG Life Units Upgraded by A.M. Best as Retirement Sales Rebound

Feb. 20 (Bloomberg) -- American International Group Inc.’s U.S. life insurance operation had its credit rating upgraded by A.M. Best after posting higher sales of retirement products including annuities.

The score was lifted to a+ from a, on the “significant increase in sales and total revenue,” the ratings firm said today in a statement on the New York-based insurer.

Link to Company News:{AIG US <Equity> CN <GO>}

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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