New York, December 13, 2012 -- Moody's Investors Service has downgraded the insurance financial strength (IFS) rating of Aviva Life and Annuity Company (Aviva Life) to Baa1 from A1 and the long-term issuer rating of intermediate U.S. holding company, Aviva USA Corporation, to Ba1 from Baa1. All of the ratings have been assigned a developing outlook. These actions conclude the ratings review, established on June 27, 2012, which was prompted by the ultimate parent, Aviva Plc's (Aviva, A3 subordinated debt rating, negative outlook) strategic review of its business segments.
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