More announcement assuring AIA Policy Holders. This time round, by AIA themselves.
16 September 2008, Singapore - AIA, as with all other life insurers in Singapore, maintains separate insurance funds for all policies issued by AIA in Singapore, including investment-linked policies. AIA Singapore has more than sufficient capital and reserves above the regulatory minimum requirements, to meet our obligations to policyholders. The funds maintained in Singapore are segregated from American International Group, Inc. (AIG) and are held specifically for the purpose of meeting our obligations to policyholders.Although AIG faces short-term liquidity pressures, we have a strong, well-positioned business in Singapore. We would like to assure our customers of AIA's commitment to meeting their needs.
To respond to the needs of our policyholders, we have established a dedicated Hotline 6248 8355 to address any queries or concerns that they may have on their policies.
Source.
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