2024-05-10 07:02:00
Reporter Zhan Yiting/Reporting from Taipei
▲Miao Boya pointed out that Shin Kong Life has a serious problem of insufficient capital adequacy ratio in the insurance industry.
Taipei Mayor Chiang Wanan went to the Taipei City Council today (10) to write a project report on the “Big Arena BOT, Beishike, Jinghua City and Taipei Light affair”. T18 in Shilin Beitou Science Park, Social Democratic Party During questioning, Taipei City Councilor Miao Boya pointed out that Shin Kong Life Insurance has a serious problem of insufficient capital adequacy ratio in the industry insurance, and some municipal officials said that if it is not completed, it will be improved within a time frame, and there will be no limit to changes and fines. If the fine is not over, it will be improved. Regarding the termination of the contract, she asked, “Si Xinshou. If the contract is terminated halfway, Taipei City will be left with two unfinished buildings following seven years of construction. Officials have not d “future elections to consider, but this happened during Chiang Wanan’s term, and there will be no need to re-elect in the future, because that will be the biggest task.”
Miao Boya pointed out that the reason why T17 and T18 have stagnated is that the tender was awarded in October 2021 and is still growing. The speed is incredibly slow, and the main reason is that Shin Kong Life Insurance has a serious shortage of RBC. . The capital ratio of the insurance sector is insufficient. To put it bluntly, there is no money. “The mayor discussed this matter with the winner, New Life Insurance Company. When will the problem be resolved and two land plots in Taipei City developed?”
“Otherwise, your Tukai body thought that Xin Shou wanted to transfer the third person, so you let the grass grow there?” If Xin Shou is not capable of doing this, he will terminate the contract and let someone who is capable do it. Miao Boya asked: why can companies with weak financial capabilities win the tender? Because the bidding threshold is too low, now that the Beijing municipal government wants to realize T12, not only does it not require an investment plan, but as long as the country’s financial qualifications are 150 million yuan, it can achieve 1 billion business. .
In this regard, Land Director Chen Xinliang explained that there is a minimum guarantee mechanism for royalties. When Shin Kong Life made an offer, the life insurance money was actually enough to finance the development. However, Miao Boya retorted that of course life insurance has a lot of money, but the Financial Regulatory Commission of Life Insurance Companies specifically stipulates its capital adequacy ratio. Therefore, because New Life’s capital adequacy ratio is less than 200%, the Financial. The Regulatory Commission is asking it to increase its capital because it has no capital at all. Miao Boya criticized: “The Beijing city government has not learned any lessons from T17 and T18! If Xinshou lets grass grow on this land, there is nothing you can do. In any case, he just needs to be able to pay the royalties. waiting for a license for seven years. “Yes, even if Mayor Jiang is re-elected, his term will be over.”
Miao Boya revealed that in seven years, T17 and T18 were wasted for two and a half years. Some of its construction plans will take at least five years. And just now a city official said if they’re not finished, they will be finished. will be improved in a timely manner. There is no limit. If the fine is imposed, the contract will be terminated before construction is completed. “Did the mayor die of fear following hearing that?” If Xinshou terminates the contract halfway through construction, then Taipei City has constructed two unfinished buildings in 7 years. What happened during your term? Public officials don’t have future elections to consider, but if two unfinished buildings arise during your term, you won’t have to vote for anything in the future. because this will become the biggest stain on your tenure.”
Furthermore, Miao Boya also stated that during the tenure of Chiang Kai-shek’s government, the use of Beishike became more and more unlimited. T17 and T18 can collect 100 million additional rents each year. However, Beishike’s land management regulations have been changed. relaxed three times. In the future, in the science park, there are more and more things that can be manufactured in the park, and the fees are getting cheaper and cheaper. Maybe the things manufacturers can make aren’t science parks. In response, Jiang Wanan replied that he would definitely expand the investigation in the past and then ask the Industry Bureau to carry out an inspection to ensure the rights of investors.
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