Taiwanese insurers Cathay Life, Fubon Hyundai commit to two infra funds

Taipei City, Taiwan. Photo by Tom Ritson on Unsplash

Taiwanese insurers Cathay Life Insurance and Fubon Hyundai Life have made new capital commitments to two infrastructure funds, according to separate filings on the Taiwan Stock Exchange.

Cathay Life Insurance, the insurance subsidiary of Taiwanese conglomerate Cathay Financial Holdings, has agreed to commit €30 million ($32.6 million) to Macquarie European Infrastructure Fund 7, the latest vehicle of Macquarie Infrastructure and Real Assets (MIRA).

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