AIG CEO: We're Looking for Right Time to Sell AIA

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Robert Benmosche, president and CEO of American International Group, Inc. (AIG); testifies before the Congressional Oversight Panel hearing on TARP and Other Government Assistance for AIG on Capitol Hill in Washington May 26, 2010. REUTERS/Yuri ... Gripas (UNITED STATES SCI - Tags: POLITICS BUSINESS) (Reuters)

American International Group Inc (AIG) is looking for the right time and the right price to sell its stake in the Asian insurer AIA Group Ltd, Chief Executive Bob Benmosche said on Friday.

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On a conference call with analysts, Benmosche also said AIG still intends to take its airplane leasing business ILFC public, but "the markets have not been very receptive.''