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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
June 03, 2005 at 08:00 PM
American International Group Inc. has withdrawn an application to add group life insurance to its product lines in China. [@@]
In a Form 10-K annual report filed with the U.S. Securities and Exchange Commission, AIG, New York, says it needs to resolve “regulatory issues” before seeking approval to sell group insurance in China. AIG says it pulled its application in March.
AIG says its Hong Kong agents violated rules by selling policies to mainland Chinese customers.
The former British colony of Hong Kong returned to Chinese rule in 1997, but the 2 entities maintain separate political and financial systems.
AIG currently has permission to sell individual life insurance policies in China and has offices in 8 cities, while other companies are just starting to form joint ventures.
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