愛薇塔樂學英文

FSC orders takeover of insurance carriers保險公司的FSC訂單收購

By Ted Chen ,The China Post
August 13, 2014, 12:02 am TWN

TAIPEI, Taiwan -- Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) yesterday announced that the commission has ordered the Taiwan Insurance Guaranty Fund (保險安定基金) to take over two troubled insurance carriers, namely Global Life Insurance Co. (國寶人壽) and Singfor Life Insurance Co. (幸福人壽).

Tseng emphasized that the move is designed to ensure that the two companies will be able to meet all obligations to their clients and preserve the interests of all affected policyholders and employees.

FSC findings indicate that the two companies' financial conditions have been deteriorating rapidly since 2005, and have been lacking progress toward improvement.

Rapid Deterioration in Global Life, Singfor Life Net Worth Figures

Global Life's net worth has declined from 2006's minus NT$100 million to minus NT$8.3 billion in 2008 and minus NT$25.2 billion as of the end of June this year, while Singfor Life's net worth has deteriorated from 2005's minus NT$100 million, to minus NT$16.4 billion in 2008 and to minus NT$23.9 billion in June this year. The net worth of the two companies has continued to tumble on a quarterly basis.

In particular, the FSC deemed a capital injection plan by Global Life via a land trust scheme as unfeasible, citing the inadequate cash contribution by shareholders proposed by the company.

Tseng stated as early as 2005 and 2006 that the two companies' financial conditions had met international criteria for government takeovers, however, time was extended for the Global Life and Singfor Life to produce improvements. The two companies, however, failed to furnish tangible results, said Tseng, adding that since becoming flagged by the regulator, it had continued to perform below expectations. In addition, since becoming flagged, the two companies have received numerous citations over inadequacies in their operations, including capital allocation management, corporate governance, internal auditing processes and overseas investment planning.

Tseng noted that while the takeover officially took place at 5:30 p.m. yesterday, regulatory officials have been embedded at the two companies for the past two years, monitoring them .

Meawhile, the FSC noted that it is mulling over relevant amendments to the Insurance Act (保險法) that will enable regulators to take swift intervention measures against ailing financial institutions before their conditions deteriorate further.

FSC Drafts Contingencies

In addition, the FSC stated that they are preparing to launch a program designed to elevate the competitiveness of the insurance sector, helping local carriers adapt to the coming challenges of Taiwan's growing elderly population, leverage Internet technology in insurance policy sales, improve capital utilization efficiency and strengthen market presence in the Asia-Pacific markets.

Tseng stated that the two companies' missteps are not representative of Taiwan's insurance sector, adding that the incident will hopefully mark the end of government takeovers and bailouts, an outcome not welcomed by regulators.

保險公司的FSC訂單收購

特德·陳，在中國郵政
2014年8月13日，上午12時02分TWN

台北，台灣 - 金融監督管理委員會（金管會）主席曾銘忠（曾銘宗）昨日宣布，該委員會已下令台灣保險保障基金（保險安定基金）接管2困擾保險運營商，即環球人壽保險有限公司（國寶人壽）和Singfor人壽保險股份有限公司（幸福人壽）。

曾雅妮強調，此舉旨在確保兩家公司將能夠滿足所有的義務，他們的客戶，並維護所有受影響的保戶和員工的利益。

金管會的調查結果顯示，兩家公司的財務狀況已經急劇惡化，因為2005年，並一直缺乏對改善進度。

迅速惡化的全球人壽，Singfor人壽淨值圖

全球人壽的淨資產已經從2006年的負新台幣一億元下降到零下08年新台幣8.3十億，負新台幣25.2十億截至今年六月底，而Singfor人壽的淨資產已經從2005年的負新台幣一億元下降到零下新台幣$ 16.4十億在2008年至零下今年六月新台幣23.9十億。這兩家公司的資產淨值繼續暴跌每季。

特別是，金管會認為是由全球人壽注資計劃，通過土地信託計劃為不可行，理由是通過該公司提供的股東的現金出資不足。

曾雅妮說，早在2005年和2006年，這兩家公司的財務狀況已符合國際標準，為政府接管，但是，時間延長為全球人壽及Singfor生活生產的改善。這兩家公司，但未能提供具體的成果，曾雅妮說，補充說，由於標記的監管變得，它繼續表現低於預期。此外，自從成為標記，這兩家公司都在經營中獲得了無數的引用了不足之處，包括資本配置管理，公司治理，內部審計流程和境外投資規劃。

曾雅妮指出，雖然正​​式接管下午5:30昨天發生，監管官員已經被嵌入在這兩家公司在過去的兩年中，監視它們。

Meawhile，金管會指出，它正在考慮通過有關修訂保險法（保險法），使監管部門迅速採取干預措施，對境況不佳的金融機構之前的狀況進一步惡化。

FSC草稿或有事項

此外，金管會表示，他們正準備推出，旨在提升保險業競爭力的項目，幫助當地運營商適應台灣日益嚴重的老年人口在保單銷售即將到來的挑戰，充分利用互聯網技術，提高資金使用效率並加強市場佔有率，在亞太市場。

曾雅妮表示，兩家公司的失誤並不能代表台灣的保險業，並稱該事件將有望紀念政府接管和救助，而不是由監管機構歡迎的結果的末尾。