FSC Clarifies CSM Calculation Basis, Asks Insurers to Resubmit Questionnaire by June 11
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Taiwan's Financial Supervisory Commission (FSC) held a briefing on June 3 with all life insurers to clarify the calculation basis for Contractual Service Margin (CSM). This follows inconsistent responses to a previous questionnaire, where some insurers provided only rough totals and different calculation bases were used for different product groups due to different personnel. The FSC has asked insurers to resubmit the questionnaire by June 11.