The second-largest life insurer in Taiwan cuts its allocation to China bonds and raises its exposure to North America.
As markets continue to gyrate, some of the island's larger insurers have sought to take advantage while smaller players are struggling with weaker capital positions.
The largest lifer in Taiwan is confident that it can buffer volatility in the equity market and will pay attention to good investment opportunities in domestic stocks.
The US-based life insurer has said it might leave the Taiwan market. If it does so, it will follow in the wake of other foreign players such as ING and AIG.
Tsai Ing-wen, who was re-elected to a second presidential term last weekend, should take the bull by the horns and further improve the island's pension system over the next four years.
The island's insurers have increasingly invested into the assets, but this will likely hit a plateau as the local regulator introduces an additional capital charge for currency risks.