Nan Shan Life Insurance Chairman Edmund Tse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders. Reuters Pictures logo Reuters Pictures 28 months ago

Nan Shan Life Insurance Chairman Edmund Tse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.

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