Taiwanese insurers Cathay Life, Fubon Life commit $91m to three funds

Taipei 101, Taipei, Taiwan. Source: Vernon Raineil Cenzon/Unsplash

Taiwanese insurers Cathay Life Insurance and Fubon Life Insurance have made a total of $91 million in new capital commitments to three 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 ($31 million) to The Eighth Cinven Fund, the latest private equity vehicle of European fund manager Cinven Ltd.

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