Taiwan life insurers see 6% drop in spillover policy sales

First-year premium income from these products reached $657.2m.

As of the second quarter of 2025, Taiwan’s life insurers sold 578,275 spillover-effect insurance contracts, down 6% from 616,088 a year earlier, according to Financial Supervisory Commission (FSC) data. 

The FSC had approved or accepted registrations for 281 such products from 15 insurers. 

First-year premium income from these products reached $657.2m (NT$19.33b), up 67% from $393.7m (NT$11.58b) in the same period of 2024.

For in-kind payment insurance products, the FSC had approved or accepted registrations for 50 offerings from seven life insurers. 

Sales totalled 240,729 contracts, up 78% from 135,296 a year earlier. 

First-year premium income for these products fell 53% to $17.8m (NT$523.92m) from $38.1m (NT$1.12b) in the second quarter of 2024.

($1.00 = NT$29.84)