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

Published August 03, 2012

| 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.

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.''