Taiwan
Taiwan life insurers see premiums soar despite fewer policy sales
Taiwan life insurers see premiums soar despite fewer policy sales
A total of 932,074 new contracts were sold.
Why Taiwan’s insurance outlook remains solid through 2029
The market is projected to expand by 8.8% this year.
Taiwan’s insurance industry reports profit of $1.4b at July 2025
But overseas investments generated additional net losses of $3.4b.
Premium revenues from foreign-currency life insurance in Taiwan rise 35% in June
Traditional products made up the bulk of sales at $5.7b.
Taiwan drives higher reinsurance prices after 2024 earthquake losses
Despite the loss activity, capacity remained strong.
Hotai Insurance outlook steady with capital buffers and parent support
Net profit reached $62.7m (NT$1.9b) in 2024.
Cathay Century maintains strong balance sheet despite H1 capital dip
Its C&S may have declined by net profits retained "good momentum" during the period.
Central Re sees capital rise with stronger surplus in 2024
Central Re is expected to retain its market leadership.
Taiwan life insurers see 6% drop in spillover policy sales
First-year premium income from these products reached $657.2m.
Taiwan life insurers see $5.15b in foreign-currency sales
Traditional products accounted 85% of the total.
Taiwan’s insurers report $650m loss in H1 2025 earnings
In contrast, non-life insurers posted a pre-tax profit of $0.52b.
Taiwan’s life insurers lead AI adoption with 67% uptake
Insurers primarily use AI for internal operations, customer service, and fraud detection.
3 in 10 Taiwanese Gen Z investors now include insurance in their portfolios
Younger investors aim to manage risk whilst building long-term wealth.
Taiwan FSC proposes rule changes to launch digital insurers
The commission wants to require 20% innovation output from new insurers.
Taiwan to revise insurance fee rules for IFRS 17 in 2027
These changes aim to align the definition of “substantive operating revenue”.
Taiwan life insurers gain 36% in investment-linked products
Traditional insurance product sales reached $3.59b.
Taiwan expands long-term care to younger dementia patients
The current system limits coverage mainly to those aged 65 and older.