BUILD-IN PAGE COMPOSER
Allianz and China Life enter deal for Taiwan portfolio
Mid-2018 will see German insurer Allianz sell part of its Taiwan business’s traditional life insurance portfolio to China Life Insurance in a move by Allianz to actively manage its Taiwan life portfolio for more capital-efficient solutions. The deal includes a portfolio of around 78,000 policies with a guaranteed interest rate of 4 percent or higher, with combined policy reserves of 1.2 billion euros (on a IFRS basis, $1.42 billion


