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SINGAPORE/TAIPEI (Reuters) -An unprecedented two-day surge in Taiwan's currency is the latest leg of a scramble out of the U.S. dollar and signal of disquiet in markets as U.S. President Donald ...
Taiwan dollar eases after historic surge as officials deny currency talks with U.S. By Anniek Bao, CNBC • Published May 6, 2025 • Updated on May 6, 2025 at 9:34 am ...
Separately, Taiwan's financial supervisory commission has reportedly held meetings with some of the island's largest insurers to assess the risks a weaker greenback poses to their U.S. bond holdings.
Taiwan Life Insurance Co.'s losses more than doubled in May to NT$2.83 billion due to the local currency's rally against the US dollar, which pummeled its foreign investments.
Fitch estimates the insurers have sufficient capital buffers to withstand a 10% rise in the Taiwan dollar against the U.S. dollar from the start of 2025. Currently, the local currency is up about ...
The Taiwan dollar's surge has led to record-high hedging costs, with three-month costs jumping to 14% this week, and life insurers are taking different approaches to managing their US bond holdings.
An unprecedented two-day surge in Taiwan's currency is the latest leg of a scramble out of the U.S. dollar and signal of disquiet in markets as U.S. President Donald Trump's trade war rattles ...
In this case, Taiwan life insurers over the years have put their assets into U.S.-dollar-denominated bonds - which was and even is not a terrible strategy - but they have done so without hedging ...
Another flare-up in the Taiwan dollar’s strength is unwelcome news for the island’s exporters and life insurers. The New Taiwan dollar hit a three-year high against the greenback on Friday ...
The Best’s Commentary, “Taiwan Dollar Rallies, Life Insurers More Exposed to Foreign Exchange Risk,” notes that the local currency surged by a combined 8% against the U.S. dollar over a two ...
Setser stressed in his 2019 and early 2025 studies, Taiwan’s holdings of US dollar-denominated assets were the result of life insurers acting as “ the primary intermediator for Taiwan’s ...
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