Investors should buy Cathay Life as a liquidity play, he figures.

CNN: Another Lease on Life?

Traditionally, the Taipei market has been dominated by three big players: Cathay Life, Shinkong Life and the unlisted Nan Shan Life (part of the American giant AIG).

CNN: Another Lease on Life?

Shinkong and China Life rely much more on first-year premiums than Cathay and, since the first-year premium is such a low-margin business, it means lower profits.

CNN: Another Lease on Life?