Is AIG the same as Transamerica?

Is AIG the same as Transamerica?

Neither company is accredited. Although AIG and Transamerica have similar rates and ratings, each company offers different products. AIG retirement services, annuities, life insurance, and mutual funds are all available. While there are no AIG stock services, you can get AIG auto insurance and travel insurance.

Is AIG a reputable insurance company?

AIG insurance is not one of the best-rated life insurance companies with regard to its customer service and client reviews. The company received just a 2 out of 5 rating from J.D. Power for customer satisfaction and has a disproportionately high NAIC Complaint Index as compared to its size.

Is Transamerica a good company?

Transamerica earned 3 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. The scoring formula takes into account customer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.

Is Transamerica a mutually owned company?

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services….Transamerica Corporation.

Type Private
Parent Aegon

What is the rating of AIG insurance?

S&P Fitch
AIG Senior Debt BBB+ BBB+
AIG Non-Life Financial Strength* A+ A
AIG Life Financial Strength* A+ A+

What is the rating for Transamerica?

Out of 23 companies, Transamerica scores 747 out of a possible 1,000 points in the 2021 Individual Life Insurance study from J.D. Power, which is considered well-below average….Transamerica ratings, reviews, customer satisfaction and complaints.

Organization Rating
NAIC Complaint Index (Individual Life) 2.19

Is Transamerica stable?

The Transamerica Guaranteed Investment Option is now available to almost any retirement plan provider. The option is designed to be compatible with virtually any type of employer-sponsored retirement plan. The Transamerica Guaranteed Investment Option is a stable value product that guarantees principal and interest.