Cathay Life Insurance
Founded in 1962, Cathay Life Insurance was the first publicly listed insurance company in Taiwan (1964). Its 8 million policyholders account for one-third of the country’s population, and Cathay Holdings has one-quarter of its assets under management. The company is the only financial institution in Taiwan in the Global Fortune 500.
Cathay Life rebounds as capital worries linger
Cathay Life rebounds as capital worries linger
Net income reached $0.5b after a $0.6b loss a year earlier.
Cathay Financial to stay resilient despite earnings drop: Moody’s
Cathay Life is projected to retain its lead in Taiwan's life insurance market.
Cathay Life boosts 9M 2024 net profit to $2.06b
The value of new business (VNB) increased 20% to $740m.
Cathay Life’s Taiwan unit sees profit dip in H1 2024
However, gross revenues increased 17.6% YoY.
Cathay Life net profit surges to $2b despite premiums decline
Premium slump was driven by weaker demand for investment-linked and interest-sensitive annuities.
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