The expansionist era is over for Taiwan’s $1.1 trillion life insurance industry after the steepest Federal Reserve interest hikes in 40 years pushed it to the brink of a liquidity crisis. Over the past year, local regulators have repeatedly loosened operating rules after a cocktail of unrealized investment losses, falling…
US Interest Rate Hikes Haunt Taiwan s $1 Trillion Life Insurance Industry bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Fubon Financial reported unaudited consolidated pre-tax profit of NT$19.057bn and net profit of NT$17.303bn in June. Cumulative consolidated pre-tax profit and net profit was NT$46.582bn and.
Fubon Financial reported unaudited consolidated pre-tax profit of NT$4.246bn and net profit of NT$3.752bn in May. Cumulative consolidated pre-tax profit and net profit was NT$27.525bn and. | June 13, 2023
Fubon Life names new Hong Kong CEO; Spirit Super hires deputy CIO; HKMA Exchange Fund deputy CEO retires; Australian Ethical welcomes new CEO; and more.