Web-only insurers must have NT$1 billion in capital: FSC : c

Taipei, Dec. 22 (CNA) The Financial Supervisory Commission (FSC), Taiwan's top financial regulator, will allow Internet-only insurance companies to operate while imposing a minimum capital requirement of NT$1 billion (US$35.97 million).

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Taipei , T Ai Pei , Taiwan , Frances Huang , Shih Chiung Hwa , Hsieh Fang Wu , Financial Supervisory Commission , Insurance Bureau , Rakuten International Commercial Bank , International Commercial Bank ,