Taiwan

Taiwanese insurers' pre-tax profit reach $1.77b

There was a significant contrast between life insurance and non-life insurance sectors.

Taiwanese insurers' pre-tax profit reach $1.77b

There was a significant contrast between life insurance and non-life insurance sectors.

Generali acquires Conning from Cathay Life

Impact on Generali's Solvency II ratio is expected to be minimal.

Fubon Insurance surplus to keep momentum after capital injection: analyst

The insurance company was also described to have an adequate balance sheet.

Fubon Insurance records net loss for first quarter 2023

Insurance premiums increased during the period.

Cathay Life Insurance unveils new health strategy for policyholders

The insurer is also embedding a new wellness program on its app.

8 out of 10 Taiwanese workers do not have retirement plans

More than half are relying on labour insurance and pension funds.

WTW appoints new Taiwan head

The previous head, Charles Wang, has retired.

Taiwanese insurers and banks decreases exposure to China to record low

Aggregate exposure through loans, investments, and deposits contracted by 1% sequentially.

Taiwan suffers sixth-month loss in the non-life insurance industry

Non-life insurers suffered a 681.1% loss in September compared to a year before.

Taiwan’s non-life insurance suffers 537.1% loss in August

This is the fifth consecutive month of loss for the insurance industry.

Pandemic insurance claims to drag Cathay Century’s operating results: AM Best

However, the ratings firm said this is a one-off event for the insurer.

Profit crash continues in July for Taiwan’s general insurance industry

The industry suffered a 466.7% YoY fall in pre-tax profits.

Tokio Marine suffers $400m loss from Taiwan COVID-19 cover payouts

The loss will reflect in the quarter ending September.

Taiwan insurers cough up over $1b in COVID-19 claims

Some insurers took to selling properties to increase cash reserves.