World's largest insurer AIG's Losses - Should policy holders of Indian Private Life Insurers with MNC partners be worried?

American International Group Inc - the world's largest insurer, posted its largest ever quarterly loss on Thursday - the second consecutive quarter that AIG had posted record losses, hurt by a write-down of derivatives exposed to bad mortgage investments. AIG's first-quarter net loss was $7.81 billion compared with net income of $4.13 billion a year earlier. This brings us to the pertinent question - Should policy holders of Indian Private Life Insurers with MNC partners be worried?