(Reuters) - The firm's life insurance arm, Shin Kong Life, has T$1.17
trillion in total assets.
"All ABS CDOs held by Shin Kong Life are A-rated or above,
with 26 percent in AAA, 34 percent in AA and 40 percent in A.
There has been no downgrade and payments have been normal,"
chief financial officer Winston Yung said in the statement,
without providing an estimate for potential losses.
Read more at Reuters.com Bonds News
trillion in total assets.
"All ABS CDOs held by Shin Kong Life are A-rated or above,
with 26 percent in AAA, 34 percent in AA and 40 percent in A.
There has been no downgrade and payments have been normal,"
chief financial officer Winston Yung said in the statement,
without providing an estimate for potential losses.
Read more at Reuters.com Bonds News
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