Regulator has kept KWI Life under close watch due to concerns about its financial stability, but notes the insurer has made progress by raising its capital.
Under regulatory pressure to improve its capital adequacy, Taiwan's Mercuries Life is exploring a potential sale of the business along with other options.
Risk-sensitive capital requirements likely to prompt insurers to diversify portfolios, adopt advanced reinsurance strategies, and rethink growth plans.
Former company chair Ronald Ong said shareholders have “persistently, strongly and increasingly requested a viable liquidity option” since Income’s corporatisation.
