HK consortium buys AIG Taiwan insurer

    October 15, 2009 | BY

    clpstaff &clp articles

    American International Group sells Nan Shan Life Insurance to Hong Kong consortium

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    Beleaguered insurer American International Group has agreed to sell Nan Shan Life Insurance, a Taiwanese unit, to a Hong Kong consortium for US$2.15 billion.

    The buyers, Primus Financial and China