FOR the third straight day hundreds of anxious policyholders lined up in the hot sun outside Singapore offices of global insurance giant American International Group (AIG) on Thursday.
Hundreds more - some vowing to terminate their policies - were already inside the offices of AIG and its wholly-owned subsidiary, American International Assurance Company Limited (AIA), after lining up on Wednesday without getting served before closing time.
They were apparently unmoved by an announcement from the US Federal Reserve, the central bank, that the United States government would give an unprecedented loan of up to US$85 billion (S$121.9 billion) to AIG in a bid to avert a global financial calamity.
