Nan Shan Life’s exposure to Venezuela stood at NT$13.55 billion, Peng said. Total bank exposure to Colombia was NT$816 million, with the largest single exposure at NT$392 million. In contrast, Taiwan’s insurance sector had no exposure to Venezuela, while its total exposure to Colombia was NT$138.51 billion, with one insurer alone accounting for NT$62.91 billion. Kuo asked the FSC head whether the insurer with NT$62.91 billion in exposure was Nan Shan Life, which Peng confirmed. Under the Financial Holding Company Act (金融控股公司法), firms are required to disclose their exposure amounts, the legislator said.

Source: Taipei Times January 07, 2026 17:12 UTC