Taiwan
Taiwan life insurers stable for now as Fitch sees capital strength
Taiwan life insurers stable for now as Fitch sees capital strength
The appreciation of the NT$ is also driving up currency hedging costs.
Taiwan’s life insurers post $2.22b in foreign policy sales
Investment-linked insurance products generated $311m.
Taiwan life insurers double premium income on spillover-effect plans
As of Q1 2025, the FSC has approved or registered 251 such products.
Taiwan insurers post $30.7b in Q1 pre-tax profit for 2025
Both life and non-life insurance markets recorded YoY contractions.
Retirement savings insufficient for 82% of Taiwan’s prime-age workers
Healthcare costs beyond social insurance emerged as the most pressing concern.
Taiwan insurers expand FX reserves after dollar appreciation: AM Best
70% of Taiwanese life insurers’ portfolios were allocated to foreign investments.
Taiwan life insurers’ foreign-currency policy sales rise 11% in January
Sales of investment-linked insurance products surged by 90% YoY.
Nan Shan General’s high dividend payout to slow organic growth
AM Best it to continue to focus on domestic fixed-income investments.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
Taiwan life insurers face rising health insurance losses, report warns
Although, interest surplus remains the primary driver of profitability.
Fubon Insurance seen to record profit rebound with stronger underwriting
Last year the insurer bagged $91m, a rebound from the net loss in 2023.
KGI Life reduces risky asset exposure in 2024
Value of new business (VNB) margin expanded to 43.5% in the first half of last year.
Taiwan's life insurers see 22% rise in foreign policy premiums
Traditional insurance products accounted for 85% of the total.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
Aon reels in new head of Taiwan
She joined Aon back in 2014.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.