News Risk Management16 Jan 2018

Taiwan:Higher forex reserves will help cut insurers' currency risk

| 16 Jan 2018

Taiwan's Financial Supervisory Commission (FSC) has announced higher requirements on insurers' foreign-exchange volatility reserves. The tightening is credit positive for Taiwanese insurers because it requires them to set higher foreign-exchange volatility reserves as a buffer against potential foreign exchange losses and will push them to increase their hedging ratios against potential appreciation of the Taiwanese dollar, says Moody's Investors Service Hong Kong.

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