Taiwan Insurers Cut Most Offshore Hedges Before Dollar Selloff
Some of Taiwan’s largest life insurers unwound almost all of their offshore currency hedge positions ahead of the US dollar’s recent selloff, as a regulatory overhaul eases the need to...
By Betty Hou · Bloomberg Markets
Some of Taiwan’s largest life insurers unwound almost all of their offshore currency hedge positions ahead of the US dollar’s recent selloff, as a regulatory overhaul eases the need to protect against swings in the Taiwan dollar, according to people familiar with the matter.