china strategic

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

Primus consortium to buy Nan Shan Life Insuranceáfrom 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.

October 13, 2009