Taiwan’s life insurers were caught flat-footed when the local dollar
Major Taiwanese life insurers’ hedging against foreign-currency volatility stood at 47.2% of their overseas asset holdings in the first quarter, the lowest level since mid-2024, according to Bloomberg’s analysis. The study was based on the firms’ quarterly presentation materials and showed that the level of protection has fallen from an all-time high of 61.9% reached in 2017.
The island’s insurers scaled back their hedging as costs climbed and the