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|Source:||A.M. Best Company, Inc.|
The transaction, which needs approval from
MetLife Taiwan is mostly individual life insurance, with about 307,000 policyholders, Tso said.
Last October, the FSC rejected
One concern is “the risk that exists with the legacy book of business having moved from being diversified across local and foreign players to being more concentrated with a smaller handful of local players,” said
For local insurers, a key regulatory concern is implementing international financial reporting standards and the impact it will have on capital requirement for legacy business.
Separately, several factors will weigh on the FSC’s review the proposed sale of Nan Shan Life to