Insurer AIG has said it is selling its Taiwanese life insurance business to an investor group for $2.15bn (£1.4bn).
AIG will transfer its 97.5% stake in Nan Shan, Taiwan's third-biggest life insurer, to a consortium led by Hong Kong's Primus Financial.
AIG is selling assets in an effort to repay US government aid. It was bailed out in 2008 at a cost of $182.5bn.
It made a $1.82bn profit in the three months to June, after a loss of $5.4bn in the same period of 2008.
It was the first quarterly profit since 2007 for AIG, which is now 80% state-owned.
Nan Shan has four million customers in Taiwan, giving it a market share of 10%.
Its current management team will remain in place after the deal and the firm's existing brand will be retained.
As well as Primus, the consortium also includes Hong Kong investment firm China Strategic Holdings.
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