Chinatrust Financial Co. Ltd, Taiwan's third-largest financial services provider by assets, has agreed to purchase US-based MetLife Inc's Taiwanese life insurance unit for US$180 million. With the acquisition of MetLife Taiwan, Chinatrust will finally be able to enter the life insurance market it has long coveted. The…

Following its acquisition of American Life Company (ALICO), MetLife now aims to become a force in the Middle East, which had been missing from its portfolio of 18 countries.