AIG Wants to Buy Life and Annuity Issuers

Later during the call, an analyst asked Duperrault how he sees opportunities for mergers and acquisitions.

Duperrault said he likes the idea of adding great people and great capabilities that can add to AIG's portfolio mix.

"So, life insurance would be a place I would look," Duperrault said.

Duperrault said he believes the AIG life and retirement business is somewhat confined, in terms of its geographic footprint.

"We've got great skill sets around retirement," Duperrault said. "The demographics of the world are pretty consistent. People are getting older, and more in need of our capabilities every minute."

Duperrault said he'd like to see AIG maximize its life and retirement services footprint.

"But acquisitions are very difficult to predict," Duperrault said. "A lot of things have to go right. I can't tell you whether we'll do one in the near future."

A link to an audio recording of the webcast is available here.

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