nan shan

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.

January 12, 2011

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.

September 14, 2010

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 unit for $2.15 billion.

August 31, 2010

Chinatrust strikes deal to buy 30% of Nan Shan Life Insurance

Taiwan's Chinatrust Financial Holdings will buy 30% of Nan Shan Life Insurance from the Primus-led consortium for $660 million.

November 18, 2009