Benmosche comments on AIG earnings

November 5, 2013 by Arthur D. Postal

American International Group (AIG) officials said Friday that its life and retirement business achieved its highest level of sales in the company’s history.

AIG Life and Health CEO Jay Wintrob said the unit “continues to experience strong sales momentum, and that all product lines “contributed to this favorable trend.”

Wintrob said the majority of the improvement was driven by the increase in fixed annuity sales and continued strength of variable annuities and retail mutual fund activity. Click here to read…

Originally Posted at LifeHealthPro on November 1, 2013 by Arthur D. Postal.