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

American International Group Inc (NYSE: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.''