Chinese insurer Anbang Insurance Group has withdrawn an application for regulatory approval of its $1.57 billion merger deal with Des Moines-based insurer Fidelity & Guaranty Life, amid requests for more financial information, U.S. News & World Report reported. The deal would make the combined company one of the largest providers of fixed annuity and life insurance products in the United States. Anbang withdrew its regulatory change-of-control application from the New York State Department of Financial Services on May 27, Fidelity said in a Tuesday filing with the Securities and Exchange Commission. Anbang notified Fidelity that it plans to re-file the application, and both companies “are committed to securing the remaining regulatory approvals and seek to close the merger as expeditiously as possible,” the Iowa-based insurer said in its filing. Iowa Insurance Commissioner Nick Gerhart told The Wall Street Journal that his agency is monitoring Anbang’s action in New York. “It is very unlikely that Iowa would even consider setting a hearing until Anbang and New York reach a satisfactory conclusion,” Gerhart said in an email. Fidelity & Guaranty Life moved its headquarters to downtown Des Moines from Baltimore, Md., in 2013.