Fubon Life Insurance approves €40m commitment

The Taiwanese life insurance company has backed Permira's seventh fund to explore global private equity opportunities.

Institution: Fubon Life Insurance
Headquarters: Taipei, Taiwan
AUM: $142.9bn

Fubon Life Insurance has committed €40 million to Permira VII. The insurance company will gain exposure to the sectors of financial services, consumer goods, healthcare, industrials, and TMT.

As illustrated in the chart below, the $142.9 billion Taipei-based life insurer has made eight commitments to private equity funds with a 2019 vintage.

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