...- Fubon Life Insurance Co. Ltd. can maintain its satisfactory financial strength over the coming two years, in our view, with support from above-average profitability and adequate capital accumulation. - We believe the Taiwan-based life insurer can manage its somewhat elevated investment risk, which is not likely to result in extreme volatility for its capital and earnings over the next one to two years. - The credit profile of Fubon Life continues to drive the Fubon Financial Holding Co. Ltd. (Fubon FHC) group credit profile, given that the insurer is the key and flagship company of the group. - We affirmed the 'A-' long-term local currency issuer credit rating and financial strength rating on Fubon Life. At the same time, we affirmed the '###+' long-term and 'A-2' short-term issuer credit ratings on Fubon FHC. - The outlook on the long-term ratings is stable, reflecting our expectation that Fubon Life will continue to drive the group credit profile and maintain a stable stand-alone credit...