May 14, 2007, Hong Kong – American International Assurance Company (Bermuda) Limited (AIA) today announced two senior promotions and one new appointment.

Mr. Thomas Lee has been promoted to Vice President and Assistant General Manager. He joined AIA as the Head of Actuarial Department in 1999. In addition to leading the actuarial function, Mr. Lee now oversees the strategic plans for product development and risk management for the life insurance and investment-linked businesses. He has also assumed overall responsibility for business development through non-agency distribution channels including brokers and independent financial advisors. Mr. Lee holds a Bachelor Degree of Social Sciences (Hons) from The University of Hong Kong and is a Fellow of the Society of Actuaries (US).

Mr. Adrian Leung has been promoted to Assistant Vice President - Sales and Marketing, Group and Credit Insurance, Health Services Department. In his new role, Mr. Leung is responsible for managing the sales and marketing function of the group insurance business. He brings nearly 15 years of marketing experience gained within the insurance sector and the telecommunications industry. Mr. Leung holds a Bachelor Degree of Business (Marketing) from Monash University, Australia. He has achieved the designations of Fellow, Life Management Institute (LOMA) and Associate, Customer Service.

Ms. Monica Chan has been appointed Assistant Vice President, Agency Administration Department. Ms. Chan is in charge of publishing internal publications for the agency force and providing professional advice relating to agency communications. Ms. Chan joins AIA from Hong Kong Cable TV Limited and she has broad experience in public affairs, marketing communications and media relations, gained mostly in the telecommunications industry. Ms. Chan holds a Bachelor of Arts degree from The Chinese University of Hong Kong.

AIA is one of the largest life insurers in Southeast Asia, with branch offices, subsidiaries and affiliated companies located in countries and jurisdictions including Mainland China, Hong Kong, Macau, Taiwan, Australia, Brunei, Guam, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Thailand and Vietnam. AIA markets a full line of life insurance products through a multi-channel distribution system, whose core franchise is an extensive agency force. AIA is a wholly-owned subsidiary of American International Group, Inc. (AIG), world leaders in insurance and financial services.