| Business steady at AIG Uganda despite global credit crisis |
 AIG Uganda willbe open for business as usual despite the financialproblems relating to global markets. The insurance subsidiary says that they will be able to meet its policy obligations to policy holders including payment of claims.
“Our local solvency margin and capital of AIG Uganda Ltd continues to
be healthy with surplus capital of Shs12.8 billion” AIG Uganda Managing
Director Alex Wanjohi and AIG’s Chief Operating Officer Africa said in
a joint statement. “In addition our treaty facilitates
with our parent company’s regulated insurance subsidiaries continue to
remain undiminished” it added.
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