Taiwan life insurance industry

Its P&C segment’s profits and capitalisation over the next 12-18 months should remain stable.

The move can potentially reduce the cost of capital and broaden their investor base.

Life insurance enterprise fell by 13.9% whilst decreased by 16.5%.

Meanwhile, non-life segment YoY profits soar by 23.6%.

It is projected to grow at a compound annual growth rate of 0.4%.