Fubon Hyundai Life swings to H1 profit on stronger earnings base

Fubon Hyundai Life, the Korean insurance arm of Taiwan's Fubon Life, swung to a net profit of 158.6 billion won ($113.8 million) in the first half of this year, on the back of improved investment performance and signs of a strengthening profit base, the company said Thursday. The insurer said its earnings were mainly driven by stronger asset management performance, noting that its investment strategies were tailored to changing financial market conditions. The return on invested assets rose to 5