Taiwan’s Financial Supervisory Commission has warned investors of the risks involved in buying investment-oriented insurance products.

Date: Oct 5, 2011

Tags: Taiwasn, Insurance, Suitability

Taiwan’s Financial Supervisory Commission (FSC) has warned investors of the risks involved in buying investment-oriented insurance products.

The regulator said the investment-oriented categories include mutual funds, financial bonds, corporate bonds, structured products, and, in particular, overseas structured products.

Before buying investment-oriented insurance products, the FSC said investors should check the insurance dealer’s registration certificate, assess their own investment knowledge and risk tolerance, and read the risk disclosure statement. For overseas structured products, the regulator said investors should pay special attention to the credit risk of foreign issuing institutions, as well as to the FX risk at maturity.