Country: Taiwan Page 13 / 15
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- May 16 2016
Taiwan Life adds US$41m to CTBC’s Q1 earnings
The contribution reversed CTBC's net loss in the final quarter of 2015, though profits were still down significantly.
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- May 11 2016
Allianz to sell part of Taiwan life insurance portfolio
The sale of the €1.2 billion portfolio is driven by the constraints on European insurers as a result of Solvency II.
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- April 13 2016
Taiwanese financial firms hit by falling insurance earnings
The sluggish performance of insurance companies is taking a toll on the nation's top financial groups.
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- March 24 2016
Cathay Life posts profit of US$154 million in Q1
The Taiwanese insurer reversed unrealised losses of US$120m in the fourth quarter to post a profit for this quarter.
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- March 18 2016
Taiwan further loosens offshore investment restrictions
Domestic insurers will be allowed to allocate up to 40% of their assets to offshore investments.
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- March 16 2016
Cathay Life to raise overseas investments this year
Amid a persistent low-yield environment, the Taiwanese insurer continues to search for higher returns abroad.
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- March 15 2016
Taiwan to restrict health insurance for overseas citizens
A proposed amendment seeks to restrict access for Taiwanese who live abroad for more than six months.
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- March 9 2016
Taiwan uncovers US$9m health insurance fraud in 2015
The National Health Insurance Administration has punished 383 hospitals, clinics and pharmacies.
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- March 1 2016
Taiwan legislators consider revision of insurance law
The existing law prevents insurance carriers from paying out compensation to beneficiaries under 15.
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- February 18 2016
Taiwanese majors suffer earnings plunge in January
Life firms reported a 40% decline in earnings after a brutal downturn on Taiwan's stock market.
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- January 28 2016
Chaoyang Life placed under receivership in Taiwan
The life insurer has consistently failed to meet the required capital adequacy ratio of 200%.
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- January 15 2016
Taiwan Life forecasts 6% premium rise under CTBC
The Taiwanese insurer said its total assets would swell to NT$1.6 trillion after the union with CTBC Financial.
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- January 13 2016
Fubon Life pays US$267m for stake in China United
The acquisition will give the Taiwanese insurer an opportunity to expand its footprint in China.
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- January 7 2016
Cathay Life invests further US$900m in logistics sector
The Taiwanese firm has broke ground on another logistics facility in Taichung's Wuri District.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
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- December 4 2015
Taiwanese insurers cleared to buy 100% of Vietnamese banks
Taiwan's FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.
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- November 30 2015
Fubon Life set to acquire London building for US$715m
The Taiwanese insurer continues to snap up London properties as it seeks to diversify its portfolio.
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- November 26 2015
Taiwan trims yield requirement for property investments
The FSC has cut insurers' mandated yield from domestic commercial real estate to 2.555%.
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- November 17 2015
Cerulli names Taiwan as Asia’s most attractive ILP market
The Boston-based research house says that Taiwanese insurers continue to favour investment-linked products.
