Taiwan

Taiwanese insurers ceases sales of COVID-19 insurance

Insurers blamed rising infections for halting sale of COVID-19 cover.

Taiwanese insurers ceases sales of COVID-19 insurance

Insurers blamed rising infections for halting sale of COVID-19 cover.

Taiwan regulator amends financial reporting rules by insurers

The new amendment aims strengthen transparency regarding cyber security risk management.

China Life and Tokio Marine reveal cross-marketing partnership

This is to help promote both their insurance products in the market.

Taiwan life insurance suffers 21.2% YoY drop in profit in February

The non-life segment continues its outstanding performance compared to a year ago.

Taiwan insurance regulator tightens measures protecting senior citizens

It aims to ‘strengthen protection of the insurance rights and interests of senior consumers’.

Taiwan non-life pre-tax profit surges to 85.7% YoY in January

The life insurance industry only saw a 6.2% increase.

Taiwan general insurance industry growth tapers off in 2022

Gross written premiums’ annual growth rate peaked at 10.1% in 2021.

Taiwan insurance sector faces $5.27b risk exposure to Russia

Taiwan's total financial risks in all sectors are expected to reach $8.2b

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.