Benmosche: We want to be in top quarter of insurance companies
August 5, 2013 by Arthur D. Postal
American International Group’s (AIG) goal is to have sustainable earnings growth equal to the top quarter of insurance companies going forward, president and CEO Robert Benmosche said late Thursday.
He also said that he welcomed oversight of AIG by the Federal Reserve Board as a systemically important financial institution (SIFI), explaining that “…it’s just getting us to be much more disciplined.”
And, given that AIG’s deal with Chinese investors to sell its International Lease Finance Corporation didn’t close as scheduled July 31, Benmosche said the company would follow a parallel track on divesting it.
Originally Posted at LifeHealthPro on August 1, 2013 by Arthur D. Postal.
Categories: Industry Articles
