AIA Fund Expo 2008
Opening Up New Horizons in Global Investment and Financial Management

   

July 12, 2008, Hong Kong – Over 5,000 customers and sales representatives learned about the latest investment market trends and products in the AIA Fund Expo 2008 held today at the Hong Kong Convention and Exhibition Centre. The Expo was organized by American International Assurance Company (Bermuda) Limited (AIA) as part of the company's continued efforts in helping customers capitalize on new investment opportunities and achieve their financial goals.

Mr. Derek Yung, Senior Vice President and General Manager, AIA Hong Kong and Macau said, "This Expo is one of the largest events in the Hong Kong insurance industry. We are delighted to have had the valuable support and active participation of 20 leading fund houses in Hong Kong who offered their views on the latest market trends and fund products. This will assist our customers to invest in the global marketplace and to seize ever-changing investment opportunities."

"Hong Kong people have realized the important role total wealth management plays in helping them achieve their financial goals in different stages of life. To meet our customers' needs, AIA has identified wealth management as an integral part of our business development strategy. The aggressive expansion of our financial planning team complements our commitment to providing a wide spectrum of financial products and offering our customers services of the highest quality and reliability. All these efforts have contributed to AIA's leading position in the investment-linked insurance market," Mr. Yung added.

AIA has been the market leader in terms of non-single premiums in Hong Kong for seven consecutive years. In 2007, the company attained a market share of 35% with the number of in-force investment-linked assurance policies totaling 480,000. AIA's investment-linked insurance products offer different investment term periods and more than 100 quality funds of various types provided by over 20 fund houses. Free switching of funds can be made easily via the 24-hour online service. All these unique features enable customers to grasp every opportunity - anytime, anywhere.

The AIA Fund Expo 2008 comprised a broad variety of activities. In addition to the exhibitions set up by the 20 participating fund houses, renowned financial analysts, including Mr. Francis Kwok and Ms. Agnes Wu took part as guest speakers in the investment forum where they shared with participants their insights on the development of the investment market. A series of investment seminars on different topics, ranging from regional investment opportunities and the stock performance of various industry sectors to the prospects of commodity and energy investments were also hosted by the fund house representatives.

AIA also set up a recruitment booth at the Expo to provide information on the development of the insurance and financial planning industry in Hong Kong as well as the company's diverse products and comprehensive services.

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). AIG, a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions.  AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer.  In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world.  AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.

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