Benmosche Says AIG to Build Non-U.S. Life Insurance

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American International Group Inc. plans to rebuild life-insurance sales outside the U.S. after divesting operations in Asia and Europe to help repay a taxpayer bailout, Chief Executive Officer Robert Benmosche said.

“We’re going to put a concerted effort to start re-establishing AIG throughout the world with our life-insurance products,” Benmosche told Bloomberg Television’s Betty Liu on the “In the Loop” program yesterday in New York, where the company is based.