Chien-Hua Wan

1 week ago | bloomberg.com | Yian Lee |Chien-Hua Wan |Betty Hou

Taiwan Central Bank headquarters building in Taipei. (Bloomberg) -- Taiwan held its benchmark interest rate for the fifth straight quarter as it considers worries about the impact of possible US tariffs on the economy, inflation and currency gains. The policy rate stayed at 2%, the central bank in Taipei said in a statement Thursday. Of the 28 economists surveyed by Bloomberg, 27 had expected it to leave the key rate unchanged at the highest level since 2008.

2 weeks ago | insurancejournal.com | Chien-Hua Wan |Cindy Wang |Betty Hou

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification is the norm, Taiwanese firms have more than 90% of their overseas assets denominated in the dollar. This puts them at risk of a long-term decline in the US currency as the appeal of American exceptionalism wanes.

2 weeks ago | news.bloombergtax.com | Chien-Hua Wan |Cindy Wang |Betty Hou

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification is the norm, Taiwanese firms have more than 90% of their overseas assets denominated in the dollar. This puts them at risk of a long-term decline in the US currency as the appeal of American exceptionalism wanes.

2 weeks ago | bloomberg.com | Chien-Hua Wan |Cindy Wang |Betty Hou

(Bloomberg) -- For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification is the norm, Taiwanese firms have more than 90% of their overseas assets denominated in the dollar. This puts them at risk of a long-term decline in the US currency as the appeal of American exceptionalism wanes.

2 weeks ago | bloomberg.com | Miaojung Lin |Betty Hou |Chien-Hua Wan

(Bloomberg) -- Losses at Taiwan’s biggest insurers almost doubled in May from a month earlier as historic gains in the local currency dented the value of their foreign investments. Losses for four of the largest reached a combined NT$35.4 billion ($1.2 billion), according to company statements on Tuesday. Among them, Shin Kong Life Insurance Co. posted the largest loss at NT$15.4 billion.