Taiwan

Sales of COVID-19 insurance policy soars in Taiwan

Insurers sold 42,376 policies from 1 January up to 17 January.

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 to shift towards new solvency, sustainability

The regulator has also pushed for changes in product mix.

Taishin Financial to acquire Prudential Taiwan for $187m

The country's financial regulator has yet to approve the deal.