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Reuters

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World

Fitch puts Taiwan life insurers on downgrade watch after currency surge

Reuters
Summary
Nutrition label

81% Informative

Fitch put five Taiwanese life insurers on " Rating Watch Negative " due to "substantial currency mismatch" Taiwan 's dollar experienced an unprecedented 8% two-day surge at the start of this month .

Fitch estimates insurers have sufficient capital buffers to withstand a 10% rise in the Taiwan dollar against the U.S. dollar.

VR Score

92

Informative language

98

Neutral language

65

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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