Taiwan
Shin Kong Life sees solvency boost from parent company’s aid
Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.
Central Re’s finances bolstered by prudent investments and retrocession
AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.
Taiwan’s foreign-currency policies see 5% YoY rise in May
This was equivalent to $3.6b.
Taiwan insurers boost spillover sales in Q2
A total of 616,088 new contracts were sold.
Taiwan insurers' earnings quadruple to NT$229.7b in June
Both life and non-life industries saw triple-digit growth.
Nan Shan holds 12% market share in Taiwan's insurance
The insurer's total capital increased due to narrower unrealised losses in 2023
Taiwan to repatriate $921b for strategic investments
It aims to boost strategic sectors with overseas insurance funds.
Insurers in Taiwan to issue bonds for capital adequacy
Regulatory risk-based capital ratios remained well above the 200% minimum.
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
Taiwan's life sector sees 7% growth in foreign-currency sales
Investment-linked insurance products accounted for 15% of the total.
Taiwan's new EV insurance plans to ensure fair pricing
Premium rates for EVs won't exceed those for gas vehicles by 50%.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
Fubon Life maintains stable outlook: Fitch Ratings
The insurer could use overseas instruments as risk mitigation leverage.
Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s
Cathay Life is forecasted to stay profitable in the next 12-18 months.
Fubon Life’s investments raise volatility concerns
Its P&C segment’s profits and capitalisation over the next 12-18 months should remain stable.
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Thought Leadership Centre
Most Read
1. Allianz-Income merger in limbo as parties weigh new rules 2. India's life insurance growth slows to 10.6% in October 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. bolttech secures $50m venture debt from HSBC, expands market 5. Life insurance premiums forecast to grow by 3% yearly until 2026Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
