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International

Financial firms threatened by China-Taiwan tensions

September 27, 2022 Reprints

Tension between China and Taiwan has increased concerns for global insurers and financial services providers serving these regions, with many reportedly reviewing their contingency plans to stay prepared for the worst, UK Time News reported. Insurers have increased political risk insurance rates by more than 60% and have stopped underwriting new policies in China and Taiwan.

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Financial firms threatened by China-Taiwan tensions

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