S&P puts AIG on negative outlook

Standard & Poor's (S&P) today (28 January) revised
the outlook on American International Group (AIG) from stable to
negative, while affirming its A+ financial strength rating for the
group.
S&P also affirmed its A- long-term counterparty credit
rating for the global insurer.
In addition, it placed the ratings of AIG's mortgage
insurance businesses United Guaranty (UGC) and AIG United Guaranty
Asia on creditwatch negative, after the group announced it would
float 19.9 percent of UGC a