Taiwan
Taiwan insurance industry suffers double digit drops in April
Taiwan insurance industry suffers double digit drops in April
Life insurance enterprise fell by 13.9% whilst decreased by 16.5%.
Taiwan’s COVID-19 insurance claims may exceed $1.39b: regulator
7.6 million policies are estimated to have been sold by insurers in Taiwan.
Taiwan life insurance industry YoY profits drops by 25% in March
Meanwhile, non-life segment YoY profits soar by 23.6%.
Sale of COVID-19 policies surged in Taiwan
About 460,000 over the past week.
Taiwanese insurers ceases sales of COVID-19 insurance
Insurers blamed rising infections for halting sale of COVID-19 cover.
Taiwan regulator amends financial reporting rules by insurers
The new amendment aims strengthen transparency regarding cyber security risk management.
China Life and Tokio Marine reveal cross-marketing partnership
This is to help promote both their insurance products in the market.
Taiwan life insurance suffers 21.2% YoY drop in profit in February
The non-life segment continues its outstanding performance compared to a year ago.
Taiwan insurance regulator tightens measures protecting senior citizens
It aims to ‘strengthen protection of the insurance rights and interests of senior consumers’.
Taiwan non-life pre-tax profit surges to 85.7% YoY in January
The life insurance industry only saw a 6.2% increase.
Taiwan general insurance industry growth tapers off in 2022
Gross written premiums’ annual growth rate peaked at 10.1% in 2021.
Taiwan insurance sector faces $5.27b risk exposure to Russia
Taiwan's total financial risks in all sectors are expected to reach $8.2b
Taiwan life insurance profits climbs by 88.5% to $13.97b
Insurance industry’s profit for 2021 reached $14.78b
Sales of COVID-19 insurance policy soars in Taiwan
Insurers sold 42,376 policies from 1 January up to 17 January.
Taiwan life insurance industry to reach $121.2b in 2025
It is projected to grow at a compound annual growth rate of 0.4%.
Taiwan approves health insurance for migrant workers
The insurance plan specially covers those who are infected with COVID-19.
China Development Financial acquires China Life
The merger will form Taiwan’s second-largest financial holding corporation.
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CEO Phlaphongphanich said the industry is measuring the wrong things.
