Country: Taiwan Page 10 / 14
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- August 6 2018
Fubon Life fined for inadequate documentation
Poor record keeping of company business practices has resulted in fines of US$411,000 by the FSC.
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- July 10 2018
Taiwan’s anti-fraud body urges insurers to improve compliance
Officials are urging the nation’s life insurance companies to implement tougher measures to fight money laundering.
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- June 20 2018
Taiwan to raise overseas investment quota
The country's financial regulator may increase the quota for local insurers that invest in innovative domestic industries.
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- May 16 2018
Fubon Life’s plan to raise stake in Korea unit still holds
It is determined to carry on with its proposal to raise its share in Hyundai Life Insurance to 62%.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 6 2018
Farglory Life fined over corporate governance breach
Taiwan’s regulator has imposed the penalty for corporate governance breaches on a series of real estate projects.
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- April 6 2018
US broker Alliant targets Asia expansion
The move is a consequence of its acquisition of Dumortier Risk Management, which has ties to Taiwan and China.
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- March 29 2018
Fubon Life to become Hyundai Life’s largest shareholder
The Taiwanese life insurance company is set to take up the forfeited options of Hyundai Mobis.
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- March 13 2018
Taiwanese life insurers warned against investment practices
Fixed-income assets reportedly constitute less than 20% of local life insurers’ total investments.
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- March 1 2018
Allianz gets regulatory nod for sale of Taiwan portfolio
The insurer hopes to sell more than 78,000 life policies to Taipei-based China Life Insurance.
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- February 22 2018
Taiwan insurers urged to fund public projects
Insurers have been urged tap into their funds to help support national infrastructure and development projects.
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- January 16 2018
Zurich officially pulls out of Taiwan
The Switzerland-based insurer has dissolved its local life insurance business after selling to Hotai Motor Co in 2016.
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- December 21 2017
Taiwan insurers urged to invest more in infrastructure projects
The message is part of efforts to increase private investment in government-led projects
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- October 26 2017
Moody’s keeps negative outlook on Taiwan market
The industry has shown improvement with margins on savings products but still needs to make progress.
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- October 24 2017
Taiwanese insurers hurt by China losses
Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
