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.

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