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AIG name ousted from HK tower

American International Group, the stricken US insurer, is to suffer the ignominy of having its name stripped from the landmark AIG Tower in Hong Kong.

The 185-metre structure, among the most recognisable in the city's skyline, is to be renamed on the wishes of American International Assurance, a leading AIG subsidiary and majority owner of the building.

Tenants of the 40-storey tower, which include the UK's Royal Bank of Scotland, were recently informed that the building would be named after AIA, Asia's leading regional life insurance group. The final name will be decided shortly.

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