Cathay Life, Fubon Life eye more US debt, strong stock positions
The two largest life insurers in Taiwan are set to maintain stock holdings that increased in the first half, while looking to raise their exposure to US bonds in order to find more yield.
Cathay Life and Fubon Life are expected to increase their exposure to US bonds while maintaining overall investment allocations to equity that increased during the first half, as the Taiwanese insurers seek to offset the impact of interest rate drops.
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