Offshore Banking Act Enforcement Rules Article 18-1
An insurance enterprise under Article 22-12, paragraph 1 of the Act applying to establish an offshore insurance branch in the ROC shall meet the following requirements:1. For domestic insurance enterprises, the ratio of capital resources to risk capital at the end of the most recent period is at least 1.25 times the statutory standard for adequate capital as specified in Subparagraph 1, Paragraph 2, Article 143-4 of the Insurance Act; for foreign insurance enterprises, their head office meets the home country's requirements for debt paying ability; and2. The insurance enterprise is in compliance with the law, soundly managed, and has not been subject to any disciplinary action for any material violation during the 3 years before application, or, it has received a disciplinary action but the circumstances resulting in the violation have been materially improved and the improvement is recognized by the FSC or the CBC.
中文原文 國際金融業務條例施行細則第18-1條
本條例第二十二條之十二第一項之保險業申請在我國設立國際保險業務分公司,應符合下列條件:
一、本國保險業最近一期自有資本與風險資本之比率達保險法第一百四十三條之四第二項第一款所定資本適足之法定標準一點二五倍以上;外國保險業其總公司應符合其母國清償能力標準。
二、守法、健全經營,且申請前三年內無重大違規遭受處分紀錄,或受處分而其違法情事已具體改善並經金管會或中央銀行認可。
一、本國保險業最近一期自有資本與風險資本之比率達保險法第一百四十三條之四第二項第一款所定資本適足之法定標準一點二五倍以上;外國保險業其總公司應符合其母國清償能力標準。
二、守法、健全經營,且申請前三年內無重大違規遭受處分紀錄,或受處分而其違法情事已具體改善並經金管會或中央銀行認可。