TITLE

FSC strengthens reserves and solvency levels

AUTHOR(S)
Contreras, Manuelita
PUB. DATE
August 2011
SOURCE
Asia Insurance Review;Aug2011, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the condition of the insurance industry in Taiwan, providing statements from Huang Tien-Mu, director general of the Insurance Bureau. It explores the efforts of the Financial Supervisory Commission (FSC) on improving the solvency levels and liability reserves of insurers to strengthen and align it with the global standards. Tien-Mu comments on the departure of foreign insurers from the country, the impact of regulatory changes on the industry, and the future plans of FSC.
ACCESSION #
65264037

 

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