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American International Group (NYSE: AIG), once the world's largest insurer, is selling assets outside the U.S. to repay a government bailout. The Carlyle Group, KKR, JC Flowers, and other U.S. private equity firms and Asian financial groups are reported to be interested in AIG's Taiwanese unit Nan Shan Life Insurance Co.

"Everyone hopes this is going to be a fire sale as AIG is in a difficult situation," said a local partner of Standard & Poor's.

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AIG's Taiwan unit draws interest of private equity firms originally appeared on BloggingStocks on Tue, 30 Jun 2009 09:00:00 EST. Please see our terms for use of feeds.

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