Primus Financial Holdings
Acquisition : Ace to Buy New York Life Units for About $425 Million
Ace Ltd., the Swiss insurer operating in more than 50 countries, agreed to buy New York Life Insurance Co.’s Hong Kong and South Korean...
AIG mulling options for Taiwan unit after aborted deal
US insurance giant American International Group said Tuesday it was considering other options after collapse of the sale of its Taiwan unit to a...
AIG unit bid defended by Hong Kong group
Hong Kong-based Primus Financial Holdings on Wednesday defended its bid to buy the Taiwan unit of ailing US insurance giant American International Group.
The move...
Taiwan hopes Nan Shan application to be resubmitted
Taiwan's top financial regulator told lawmakers Wednesday he hopes the consortium that won the bidding for American International Group Inc.'s (AIG) Taiwan unit will...
Primus Financial and China Strategic Holdings in talks with Taiwan regulators for AIG unit
Primus Financial Holdings Ltd. and China Strategic Holdings Ltd. , which American International Group Inc. (AIG) selected to buy its Taiwan life insurance unit...
Taiwan to probe if AIG unit’s buyer violated commitment
Taiwan will probe if the buyer of the local unit of American International Group has violated a long-term investment commitment by speedily selling on...
Taiwan rejects Hong Kong consortium’s bid for AIG unit Nan Shan Life
Taipei has rejected an application by a Hong Kong consortium to buy American International Group's Taiwan unit Nan Shan Life due to insufficient documentation,...
Chinatrust Financial to acquire 30 per cent of Nan Shan
Chinatrust Financial Holding Company said Tuesday it plans to buy a 30 percent stake in Taiwan's Nan Shan Life Insurance Co. for 660 million...
2,000 insurance agents of AIG’s Taiwan unit protest against a proposal to sell the local unit
About 2,000 insurance agents for a local unit of American International Group protested Wednesday against a proposal to sell the company's Taiwan unit to...
AIG reports $1.4 billion loss net of tax on Nan Shan sale
AIG $2.15 billion sale of its Taiwan life insurance unitwill result in a loss of around $1.4 billion net of taxes that the company...
AIG sells Taiwan unit to Primus Financial Holdings for £2.15 billion
AIG said Tuesday it would sell its Taiwan unit for 2.15 billion US dollars as the insurance giant raised money to pay off a...
AIG enters into agreement to sell Nan Shan to consotium led by Primus Financial
AIG today announced an agreement to sell its 97.57% share of Nan Shan Life Insurance Company, Ltd. ...
