FACTBOX-Key M&A deals in Taiwan's insurance sector

TAIPEI, Oct 14 - Beleaguered U.S. insurer AIG has agreed to sell its Taiwan unit Nan Shan Life for $2.15 billion to Primus Financial and its Chinese partner China Strategic Holdings.

Here are key merger and acquisition deals involving foreign firms in Taiwan's insurance sector over the past five years.

* October 2009: U.S. insurer American International Group sells Taiwan's No. 3 insurer Nan Shan to Primus, a financial group run by a former Citigroup banker and China Strategic, a little known Hong Kong-listed company, for $2.15 billion. The deal is subject to Taiwan regulatory approval.

* April 2009: Dutch insurer Aegon sells its Taiwan insurance unit for 65 million euros to Zhongwei, a Taiwan holding company set up by the chairman of Meifu Development and the president of Taiwan Glass Industry.

* February 2009: Britain's Prudential Plc sells most of its Taiwan insurance business to Taiwan's China Life for a token of T$1. In the deal, Prudential would own a stake of about 10 percent in China Life, valued at T$2.18 billion ($70 million).

* October 2008: Dutch financial group ING sells ING Life in Taiwan to the island's Fubon Financial for $600 million.

* October 2007: French insurer AXA, which is Europe's second-biggest insurer by market capitalisation, sells its Taiwan operations of Winterthur Life to Taiwan's China Life for T$400 million.

* January 2007: Uni-President Group sells its 47 percent stake of its insurance joint venture with Allianz to the German insurer for an estimated T$1.7 billion-T$1.8 billion.

* August 2004: Swiss company Zurich Financial Services transfers its Taiwan insurance business to unlisted Farglory Life. Few details were available. (Reporting by Lee Chyen Yee and Faith Hung)