BNP Paribas Cardif Life Approved to Conduct Wealth Management Business, Bullish on Taiwan's High-Net-Worth Market Opportunities
BNP Paribas Cardif Life Insurance Taiwan has announced its official approval by the FSC to conduct wealth management business, marking a significant milestone in expanding its financial services for high-net-worth individuals. The company is launching new investment-linked insurance products and is internally discussing plans to enter Kaohsiung's financial special zone.
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- 📰 Published: May 12, 2026 at 14:06
- 🔍 Collected: May 12, 2026 at 14:31 (25 min after Published)
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Central News Agency (CNA) — Taipei, May 12 — BNP Paribas Cardif Life Insurance today announced that it has officially received approval from the Financial Supervisory Commission (FSC) to conduct wealth management business, marking a significant milestone in expanding its high-net-worth financial services sector. Simultaneously, it continues to deepen its engagement with high-net-worth clients by launching new investment-linked insurance products. Regarding whether it will further apply to enter Kaohsiung's special zone, internal discussions are currently underway.
BNP Paribas Cardif Life Insurance Taiwan Branch (BNP Paribas Cardif Life) today issued a press release, introducing its brand-new investment-linked insurance products: "Feng Lu Ren Sheng Variable (Foreign Currency) Universal Life Insurance / Feng Lu Ren Sheng Variable (Foreign Currency) Annuity Insurance" (Feng Lu Ren Sheng).
General Manager of BNP Paribas Cardif Life, Huang You-zhen, stated that BNP Paribas Cardif Life continues to cultivate the Taiwanese market, launching new investment-linked insurance policies and obtaining approval to conduct wealth management business, symbolizing BNP Paribas' active expansion in the breadth of its products and services, as well as its determination to serve high-net-worth clients. In the future, in addition to launching new products, it will also assist clients in achieving a balance between protection and investment through a comprehensive risk management and client suitability assessment mechanism.
In addition, the FSC will launch the Kaohsiung special zone in July 2025. As of now, 21 domestic banks have entered; for the insurance sector, 6 companies including Cathay Life, Fubon Life, Nan Shan Life, KGI Life, Taiwan Life, and Shin Kong Life have already entered the Kaohsiung special zone. Regarding whether it will apply to enter the Kaohsiung special zone after obtaining wealth management business, BNP Paribas Cardif Life stated that it is under internal discussion. (Edited by Yang Kai-hsiang) 1150512
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BNP Paribas Cardif Life Insurance Taiwan Branch (BNP Paribas Cardif Life) today issued a press release, introducing its brand-new investment-linked insurance products: "Feng Lu Ren Sheng Variable (Foreign Currency) Universal Life Insurance / Feng Lu Ren Sheng Variable (Foreign Currency) Annuity Insurance" (Feng Lu Ren Sheng).
General Manager of BNP Paribas Cardif Life, Huang You-zhen, stated that BNP Paribas Cardif Life continues to cultivate the Taiwanese market, launching new investment-linked insurance policies and obtaining approval to conduct wealth management business, symbolizing BNP Paribas' active expansion in the breadth of its products and services, as well as its determination to serve high-net-worth clients. In the future, in addition to launching new products, it will also assist clients in achieving a balance between protection and investment through a comprehensive risk management and client suitability assessment mechanism.
In addition, the FSC will launch the Kaohsiung special zone in July 2025. As of now, 21 domestic banks have entered; for the insurance sector, 6 companies including Cathay Life, Fubon Life, Nan Shan Life, KGI Life, Taiwan Life, and Shin Kong Life have already entered the Kaohsiung special zone. Regarding whether it will apply to enter the Kaohsiung special zone after obtaining wealth management business, BNP Paribas Cardif Life stated that it is under internal discussion. (Edited by Yang Kai-hsiang) 1150512
Choose to stand with facts. Every sponsorship is a force to protect press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.