Taiwanese insurers Cathay Life, Taiwan Life commit $120m to four funds

Taipei City, Taiwan. Photo by Tom Ritson on Unsplash

Taiwanese insurers Cathay Life Insurance and Taiwan Life have made a total of $120 million in new capital commitments to four 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 $25 million each to OrbiMed Private Investments IX and OrbiMed Asia Partners V.

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