Country: Taiwan Page 16 / 16
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- April 21 2015
Taiwan’s Cathay Financial enters Philippine banking sector
Cathay Life Insurance Corp acquires 20% stake in Rizal Commercial Banking Corp for Php7.95bn (US$179m).
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- April 14 2015
Taiwan government to takeover underperforming insurers
Insurers with a risk-based capital ratio of less than 50% may be acquired.
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- April 9 2015
Fubon considering cross-strait cooperation with Ping An
Policyholders would be able to settle a claim at more than 700 China Ping An service counters should they have an accident in China.
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- April 7 2015
Taiwanese insurers face higher risks as forex holdings rise
Local insurance firms have minimal margins to absorb unfavorable foreign fluctuations.
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