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Sunday April 20th 2014

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Benmosche Comments on AIG Earnings

AIGLogoAmerican International Group (AIG) officials said 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.