News - Taiwan: Foreign insurers increase capital by 10-fold in 2008
Source: Asia Insurance Review | Feb 2009
In recognition of the approval of raising insurers’ capital by the Financial Supervisory Commission (FSC), a total of 10 foreign life insurers raised capital by NT$80.57 billion (US$2.44 billion) in 2008, 10 times that of the preceding year’s NT$8.72 billion, with six foreign life insurers increasing their capital twice in 2008.
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