Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact with any questions.


Taiwan: Insurers with insufficient financial strength to be forced to exit market

Comments Email Reprints

Taiwan's Financial Supervisory Commission is looking to make changes in the insurance laws that will force insurers with inadequate financial strength to leave the sector if they fail to make immediate improvements, reports Asia Insurance Review citing the China Post.

The proposal is likely to obtain the required government approvals before the end of 2014.

FSC chairman Tseng Ming-chung said risk-based capital for domestic insurers will face more stringent standards.

Read more

More from BI