Business
AM Best Affirms Credit Ratings of AES Global Insurance Company, LLC
OLDWICK, N.J., December 03, 2025--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of AES Global Insurance Company, LLC (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.
About this update from The Aes Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2222,"height":1080,"url":"https://media.zenfs.com/en/business-wire.com/256b378fd449d846203a781805543fc5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pW9kUlOxeDYENhJcKD0dxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ2NztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/256b378fd449d846203a781805543fc5","width":960,"height":467},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/GQmzFdXU9kKKkYk9Oe3BoA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xMTY2O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/256b378fd449d846203a781805543fc5","width":1200,"height":583}},"lazy":false},{"type":"text","content":"OLDWICK, N.J., December 03, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of AES Global Insurance Company, LLC (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.","length":305,"tagName":"p"},{"type":"text","content":"The ratings reflect AGIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.","length":203,"tagName":"p"},{"type":"text","content":"AGIC continues to demonstrate strong operating performance through its favorable underwriting results and from an inherently low expense structure inherit to its nature as a single-parent captive. Reflected in the ratings are AGIC’s sound risk management capabilities with a focus on sustaining improved capitalization, underwriting performance and conservative balance sheet strategies. As a single-parent captive for The AES Corporation (AES) [NYSE: AES], AGIC remains an integral extension of its parent’s overall risk management framework. Additionally, AES continually evaluates the use of AGIC for the group’s risk management objectives as they arise. The ratings also consider AGIC’s strategic importance to AES and the implied support provided by AES.","length":759,"tagName":"p"},{"type":"text","content":"AGIC is majority owned by AES, a Fortune 500 global energy company, which through its subsidiaries and affiliates, operates a diversified portfolio of generation, distribution and energy sto...