Taishin Raises Offer for Shin Kong in What Could Be Taiwan’s Biggest Financial Deal September 12, 2024 By Faith Hung Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion...
Insurance Association Head Says China May Open Auto Market to Foreign Firms November 16, 2011 By Faith Hung and Samuel Shen China, the world’s largest auto market, is likely to open its mandatory auto insurance market to foreign companies next year,...
AIG Urges Taiwan Unit Employees to Support Sale April 12, 2011 By Faith Hung American International Group Inc. has urged staff at Taiwan unit Nan Shan Life Insurance Co. Ltd to voice their support...
AIG Taiwan Unit Sale Faces Union Hurdles February 18, 2011 By Faith Hung Bailed-out insurer AIG is facing fresh hurdles in its second attempt to sell its Nan Shan unit in Taiwan, with...
AIG Receives Alternative Proposal for Taiwan Unit January 4, 2011 By Ben Berkowitz and Faith Hung American International Group’s protracted sale of its Taiwan unit was further complicated Tuesday when a local company proposed buying a...
Source Says Bids for AIG’s Taiwan Unit Seen as Early as December November 22, 2010 By Faith Hung First-round bids for American International Group Inc’s (AIG) Taiwan unit Nan Shan Life are likely shortly after due diligence ends...
AIG Sells Taiwan Life Insurance Unit for $2.15 Billion October 13, 2009 By Faith Hung and Michael Flaherty American International Group is to sell its Taiwan life insurance unit for $2.15 billion, marking the largest disposal since a...
Report AIG’s Taiwan Unit Gets 3 Low Bids August 31, 2009 By Faith Hung and Rachel Lee Three bidders for AIG’s Nan Shan Life unit have offered less than $1.5 billion, far below the $2 billion the...
UK’s Prudential Sells Taiwan Insurance Units February 20, 2009 By Faith Hung and Lin Miao-jung Taiwan’s China Life will buy most of Prudential Plc’s local insurance business, with the UK firm taking around a 10...