Nervous Asian policyholders cut ties with AIG

International Herald Tribune, 18 Sep 2008, The Associated Press

SINGAPORE: Gary Tan had seen enough. From the beginning of the week, the 51-year-old Singapore taxi driver had resisted fears that his accident and life insurance policies with American International Group's local unit were in jeopardy.

Finally on Thursday, even after the U.S. Federal Reserve pledged a US$85 billion loan to prop up AIG, he joined thousands of other policyholders this week at the company's downtown headquarters clamoring for answers.

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