Reported about 1 year ago
Chairman Peng Jinlong of the FSC revealed in the legislature's finance committee that there will be a fourth stage in November or December to adjust the coefficients to better fit Taiwan's situation before the official alignment with TW-ICS in 2026, allowing insurance companies ample time for adjustment. The Life Insurance Association will propose adjustments like lowering the Taiwan stock coefficient, widening the VaR risk value to 95%, and excluding the bond yield and risk-free rate difference from the calculation, aiming to alleviate pressure on insurers and enhance the transition to the new capital standard.
Source: YAHOO