Regulations Governing Offshore Insurance Branches Article 7
The offshore insurance branch of a domestic insurance enterprise shall be included in its head office's calculation of net worth and classification of capital category of an insurance enterprise, whereas the offshore insurance branch of a foreign insurance enterprise shall be included in the foreign insurance enterprise's calculation of net worth and classification of capital category of all of its branches inside the ROC. Such capital category must meet adequate capital specified in subparagraph 1, paragraph 2, Article 143-4 of the Insurance Act and shall conform to the Regulations Governing Capital Adequacy of Insurance Companies and relevant rules.The net worth of an offshore insurance branch as shown on its CPA-audited and certified financial report shall be at least US$1 million.When the capital category of an insurance enterprise fails to meet adequate capital specified in subparagraph 1, paragraph 2, Article 143-4 of the Insurance Act or the net worth of its offshore insurance branch as shown on the CPA-audited and certified financial report is below US$1 million, the FSC may order it to remedy the situation within a prescribed time period or increase the allocated working capital of the offshore insurance branch. If the insurance enterprise fails to remedy the situation or increase the allocated working capital by the deadline, the FSC may suspend all or part of its offshore insurance branch's business. The suspended business may be reinstated only after the insurance enterprise's remedial action has been recognized by the FSC, and the insurance enterprise has stayed compliant with the requirements for one year consecutively after the FSC recognition, and has reported to the FSC for approval. If the insurance enterprise did not take the remedial action or increase the allocated working capital one year past the prescribed deadline, the FSC may revoke the business license of its offshore insurance branch and notify the CBC.
中文原文 國際保險業務分公司管理辦法第7條
國際保險業務分公司應併入其所屬本國保險業總公司或外國保險業在我國分公司計算淨值及劃分資本等級，且資本等級應符合保險法第一百四十三條之四第二項第一款所定資本適足，並應依保險業資本適足性管理辦法及相關規定辦理。
國際保險業務分公司經會計師查核簽證之財務報告淨值應達一百萬美元。
保險業資本等級未符保險法第一百四十三條之四第二項第一款所定資本適足者，或國際保險業務分公司經會計師查核簽證之財務報告淨值未達一百萬美元者，金管會得命其限期改善或限期增加指撥營運資金至國際保險業務分公司。
屆期未改善或未增加指撥營運資金者，金管會得暫停其國際保險業務分公司全部或一部業務。
暫停業務後已有改善並經金管會認可，且自認可時起連續一年符合相關規定者，得報經金管會核准後恢復營業。
逾限期改善或限期增加指撥營運資金之期限一年後仍未符合規定者，金管會得廢止其國際保險業務分公司之營業許可，並通知中央銀行。
國際保險業務分公司經會計師查核簽證之財務報告淨值應達一百萬美元。
保險業資本等級未符保險法第一百四十三條之四第二項第一款所定資本適足者，或國際保險業務分公司經會計師查核簽證之財務報告淨值未達一百萬美元者，金管會得命其限期改善或限期增加指撥營運資金至國際保險業務分公司。
屆期未改善或未增加指撥營運資金者，金管會得暫停其國際保險業務分公司全部或一部業務。
暫停業務後已有改善並經金管會認可，且自認可時起連續一年符合相關規定者，得報經金管會核准後恢復營業。
逾限期改善或限期增加指撥營運資金之期限一年後仍未符合規定者，金管會得廢止其國際保險業務分公司之營業許可，並通知中央銀行。