Shin Kong Life Insurance's Foreign Exchange Valuation Reserve Decreases by 40%, Peng Jin-lung: Not an Accounting Issue
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Shin Kong Life Insurance's foreign exchange valuation reserve decreased by 43.7% from NT$99.6 billion at the end of 2025 to NT$56 billion on January 1, 2026. Financial Supervisory Commission Chairman Peng Jin-lung stated that this is a legal reserve issue, not an accounting problem, and withdrawals require FSC approval.