Country Profile – Taiwan: FSC strengthens reserves and solvency levels
Source: Asia Insurance Review | Aug 2011
While there has been a lot of attention on the exit of some foreign insurers from the island, Dr Huang Tien-Mu, Director General of the Insurance Bureau, says that the FSC today, is focused on boosting insurers’ solvency levels and liability reserves, to strengthen and align them with international standards. However, he is also quick to add that foreign players remain welcome to Taiwan.
By Manuelita Contreras
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