Cathay Life Insurance
Founded in 1962, Cathay Life Insurance was the first publicly listed insurance company in Taiwan (1964). Its 8 million policyholders account for one-third of the country’s population, and Cathay Holdings has one-quarter of its assets under management. The company is the only financial institution in Taiwan in the Global Fortune 500.
Cathay Life’s Taiwan unit sees profit dip in H1 2024
However, gross revenues increased 17.6% YoY.
Cathay Life net profit surges to $2b despite premiums decline
Premium slump was driven by weaker demand for investment-linked and interest-sensitive annuities.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
