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M&A
AIG strikes a deal to sell its Taiwanese life insurance business Nan Shan to an investment company controlled by Taiwanese conglomerate Ruentex for $2.16 billion.
By Sameera Anand | 13 January 2011
M&A
Regulators reject National Australia Bank's revised proposal to acquire Axa Asia Pacific, marking the third failed insurance M&A deal in the region year-to-date.
By Sameera Anand | 15 September 2010
M&A
Despite making numerous concessions to ensure regulatory approval, the Financial Supervisory Commission rejects the Primus consortium's plan to buy the Nan Shan life insurance ...
By Anette Jönsson | 1 September 2010
M&A
$325 million of the purchase price will be placed in escrow to support Nan Shan's capital ratio as Primus and China Strategic try to convince the Taiwan regulator to approve ...
By Anette Jönsson | 14 June 2010
M&A
The $2.15 billion sale of the Taiwanese insurer gives AIG additional cash to pay back the US government, while Primus gets a start in the insurance industry.
By Daniel Inman | 14 October 2009
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May 2012