Taiwan
Taiwan life insurance profits climbs by 88.5% to $13.97b
Insurance industry’s profit for 2021 reached $14.78b
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.
CDFHC to acquire 100% control of China Life
This will effectively delist the insurer.
Taiwan's COVID measures bring remote meeting, broker amendments to insurance market
Although temporary, the remote meeting measures may be adopted as a general practice.
Taiwan's Shin Kong Life to divest stake in Dingcheng Life
Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process, according to media reports.
Taiwan Life to maintain operating results, capital
It is expected to maintain good capital buffers to support business expansion.
Regulators approve Taishin acquisition of Prudential Life Taiwan
Taishin will retain all Prudential employees and increase required capital.
Taiwan's Cathay Life posts $2.18b net profit in 4M 2021
Parent firm Cathay Financial recorded a $511m net profit in April.
Good underwriting, investments boost Taiwan's Shinkong Insurance in 2020
Its capital and surplus have grown 43% over the past five years.
Paperless life insurance policies in Taiwan in two years: report
Life insurance policies in Taiwan will eventually become paperless, the country’s Central News Agency has reported.
Families of Taiwan train crash victims entitled to $158,000 from insurers
It includes a $88,000 basic coverage in carrier's liability from Cathay Century Insurance.
Taiwanese insurers gain from higher limit on foreign currency policies
It will incentivise sale and back overseas investments, an analyst said.
Taiwan insurers' 2020 pre-tax profit jumps 30.7% to $8.35b
The buoyant stock market drove the growth.
Taiwan insurers to shift towards new solvency, sustainability
The regulator has also pushed for changes in product mix.
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Insurance Asia Forum 2024 convenes in Jakarta to shape the future of insurance
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The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
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