Taiwan's Financial Chief Pushes Insurers to Reduce Reliance on US Dollars

Peng Jin-lung, head of Taiwan's financial regulator, is challenging the longstanding investment practices of the island's life insurance sector to decrease dependence on the US dollar. The initiative aims to diversify capital pools and mitigate currency risks.

30 Aug, 23:00 — 30 Aug, 23:00

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bloombergHigh1d ago

Taiwan’s Top Regulator Wants to Wean Taiwan’s Insurers Off US Dollar Dependence

Peng Jin-lung, a former academic who now runs Taiwan’s powerful financial regulator, is taking aim at a decades-old investment model used by the island’s life insurance firms — one of the biggest pools of insurance capital in the world.

By Betty Hou and Echo Wong

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Taiwan's Financial Chief Pushes Insurers to Reduce Reliance on US Dollars

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Taiwan’s Top Regulator Wants to Wean Taiwan’s Insurers Off US Dollar Dependence

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