As always, SDP chooses to only report on the worries of the policy holders without I) offering solutions, II) mentioning that they need not worry due to the MAS policy.
MAS' Response to Queries on AIA:
"MAS has received queries from the public on the regulatory requirements which insurance companies have to meet, in particular, AIA Singapore.
As with all insurance companies in Singapore, AIA is required under the Insurance Act to maintain statutory insurance funds, including an investment-linked fund. These funds are segregated from its head office and other shareholders’ funds. Within these insurance funds, AIA must maintain sufficient assets to meet all its liabilities to policyholders, which include participating policies and investment-linked policies. The value of these assets is not linked to AIA's or AIG’s financial condition, but like all investments, their value may be affected by general market conditions. MAS requires all insurance companies in Singapore to manage their investment risks carefully and we are monitoring the situation closely.