Primus's Morse Interview on Bid for AIG's Taiwan Unit

Sept. 2 (Bloomberg) -- Robert Morse, co-chief executive officer and chairman of Primus Financial Holdings Ltd., talks about the regulatory rejection of its bid for American International Group Inc.'s Taiwan unit, Nan Shan Life Insurance Co. A group comprised of Primus Financial and China Strategic Holdings Ltd. failed to convince Taiwan's Financial Supervisory Commission they had the financial capability and long-term commitment to operate the business, Wu Tang-chieh, vice chairman of the regulator, said at a briefing in Taipei on Aug. 31. China Strategic CEO Raymond Or has also said the company will consider appealing the decision. Morse talks with Rishaad Salamat on Bloomberg Television. (Source: Bloomberg)