Korea, Japan and Taiwan are entering a new era of risk-based solvency regulation. K-ICS, J-ICS and TW-ICS are reshaping how insurers manage capital, transfer risk and design their balance sheets.
Taiwan’s life insurers face a unique solvency challenge at the intersection of long-duration liabilities, large overseas asset portfolios and persistent FX mismatch. This article examines how TW-ICS, transitional measures and structured reinsurance may reshape capital management.
As Taiwan and Korea move deeper into risk-based solvency regimes, co-insurance is emerging as a balance-sheet tool to transfer long-duration risks, release capital pressure, and reshape insurer–reinsurer economics.
