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FSC promotes the Program to Encourage Investment by Insurance Industries in Key Innovative Industries

On September 25, 2017 the FSC introduced this Program to encourage insurers, while considering protection of policyholder’s rights and interests, investment risk and related factors, to actively evaluate and extend investment in key innovative industries, including green energy technology, “Asian Silicon Valley”, medical biotechnology, national defense, smart machinery, new agriculture and recycled economy. The program will be implemented in two phases from September 1, 2017 to August 31, 2019 (the first phase is from September 1, 2017 to August 31, 2018; the second phase is from September 1, 2018 to August 31, 2019). With the precondition that the economic growth rate remains positive as forecasted by the Directorate General of Budget, Accounting and Statistics of the Executive Yuan, the investment amount extended by insurers in the aforesaid key innovative industries in the first phase will increase by NT$30 billion; the target for the second phase will be decided based on the implementation results of the first phase.
Visitor: 1027   Update: 2017-12-29
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