Information about the plan of countercyclical measures
2018-10-18
At the suggestion of the Life Insurance Association of the Republic of China about incorporating“countercyclical measures”into the risk-based capital (RBC) system of domestic insurance industry, the FSC has engaged Taiwan Insurance Institute to research on feasibility of the suggestion. Such measures will be introduced to increase RBC of insurance companies when the stock market is bullish and reduce their RBC when the stock market is bearish, in order to help stabilize the capital needs of the insurance industry for maintenance of financial market stability. These measures are expected to be applied to the calculation of RBC rates for the insurance industry in the first half of 2019. The FSC will request the Taiwan Insurance Institute to keep reviewing related supportive measures.
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Update：
2018-12-24