Reported 8 months ago
According to the report, the life insurance industry's investment in public constructions has been increasing, exceeding 130 billion NT dollars in the first quarter of 2024, but it is still less than 1% of the industry's total usable funds of 34.9 trillion NT dollars. To address challenges in investing in public constructions, the Financial Supervisory Commission (FSC) Chairman, Kung-Long Pern, aims to keep insurance funds invested in Taiwan. Despite the growing trend in investments, the percentage of capital allocated to public constructions has never exceeded 1%, presenting a significant disparity when compared to foreign investments, which account for 69.7%.
Source: YAHOO