Fubon Life hints at domestic investment shift

Taiwan's Fubon Life might increase its allocations to the domestic market if US interest rates continue rising, which is in contrast to its bigger peer Cathay Life but should please the local regulator. In an analysts call on Monday, Cather Pao, senior vice president at Fubon Life, said it was becoming increasingly unclear as to whether the insurer would invest more overseas, having already trimmed its total international allocation slightly in the third quarter. “If fiscal expe…