Standard & Poor's has affirmed its 'AAA' ratings on US property & casualty insurer American International Group (AIG).

S&P also raised its ratings on several AIG entities to 'AAA' because of their core status within the AIG group.

Standard & Poor's credit analyst Grace Osborne said: "The ratings are based on AIG's well-diversified business position, track record of excellent operating performance and very strong levels of capital adequacy."

Looking to the future S&P said AIG's business mix is expected to become more skewed toward domestic lines.

The ratings agency added that its property & casualty business is expected to remain robust, in light of improved market conditions.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.