Taiwan Frees Life Insurers to Deploy Capital in AI Projects

Taiwan is easing regulations to give life insurers flexibility to invest in artificial intelligence projects, part of an ongoing campaign by authorities to redirect a larger slice of the industry’s $1 trillion asset pool back home.

The Financial Supervisory Commission will amend rules to allow life insurance companies to deploy capital directly into AI-linked investment projects, the regulator said in a statement. The move is designed to support government efforts to accelerate technology infrastructure and advance Taiwan’s vision of becoming a “smart technology island.”

“The change is intended to encourage insurers to support AI-related industries and advance Taiwan’s vision ...