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aig, taiwan
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M&A
AIG in second deal to sell Nan Shan
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
Another insurance sector M&A deal fails
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
Taiwan regulators reject AIG's sale of insurance unit to Primus
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
Primus consortium and AIG amend Nan Shan purchase agreement
$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
Primus consortium to buy Nan Shan Life Insurance from AIG
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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