TAIPEI, July 16 Taiwan's financial regulator is
studying whether to allow local insurance firms to invest more
of their capital in risk assets to keep up with rivals elsewhere
in Asia, the Commercial Times reported on Wednesday.
It said the Financial Supervisory Commission (FSC) has
instructed an insurance group to study the possibility of
raising insurers' risk-based capital (RBC), a move that could
pour hundreds of billions of Taiwan dollars into local stock and
Such a step would also help Taiwan insurers to be better
positioned when they look for acquisitions overseas, it said.
FSC oficials were not immediately available for comment.
The planned change of RBC rules was expected to be
implemented by end of this year, the paper said.
(Reporting by Faith Hung)