Taiwan
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
Taiwan holds $189b in earthquake insurance liabilities
There were 3.6 million policies in force as of end-December last year.
Taiwan Life earnings ‘volatile’ from interest-sensitive products reliance
The company has a 6% share of premium income as of 2023.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
South China Insurance maintained stability, robust capital in 2024
Its adjusted capital and surplus rose by 23% to $277m.
Taiwan adds 30 services to National Health Insurance benefits
These updates will benefit about 66,000 people annually.
Taiwan raises labour insurance premium to 12.5%
The current rate stands at 12% of the insured party's monthly salary.
Taiwan insurance sector profits hit $11b in November
Thanks to the life industry’s $10.12b profit contribution.
Cathay Life boosts 9M 2024 net profit to $2.06b
The value of new business (VNB) increased 20% to $740m.
Taiwan life insurance set for 5% to 10% growth in 2025
The TII also estimates a renewal premium growth rate of approximately 5%.
Taiwan life insurers record $35b in H1 premiums
First-year premium (FYP) income rose 7.24% YoY to $11.62b.
Taiwanese insurers boost capital ahead of 2026
Major life insurers have either received equity capital injections or issued bonds.
Chubb Life’s strong regulatory capital supports stability
Fitch expects it to continue prioritising regular-paid and protection-focused policies.
Taiwan insurers' profits jump 70.2% in October
Life insurance enterprises accounted for $9.50b of the total.
CTBC Insurance maintains strong capital adequacy
Its pandemic-hit capital position has now returned to pre-COVID levels.
Nan Shan Life to maintain improved capital and earnings through 2026
Its product range is now comparable to major players in Taiwan’s life sector.
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The awards programme honours companies in Asia that set new benchmarks in the insurance landscape.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers