Credit ratings
At Aviva we consider it important to keep customers and investors up to date with developments affecting the Group. In this section we show the Insurer Financial Strength ratings of our core operating subsidiaries and the ratings of our long and short term debt.
Insurer financial strength
| S&P | Moody’s | AM Best | |
|---|---|---|---|
| Rating | AA- | Aa3 | A |
| Description | Very strong | Excellent | Excellent |
| Outlook | Negative | Negative | Stable |
Debt ratings
| S&P | Moody'’s | AM Best | |
|---|---|---|---|
| Senior (guaranteed) | A | A1 | a- |
| Subordinated | A-/BBB+ | A3 | bbb+ |
| Direct capital instrument | BBB+ | Baa1 | bbb |
| Commercial paper (guaranteed) | A-1+ | P-1 | not rated |
Ratings as at 5 August 2009