Taiwan

Taiwan insurers post $9.47b pre-tax profit in August

Its non-life insurance segment witnessed a twofold increase.

Earthquake insurance uptake grows significantly in Taiwan

25 years after the Chi-Chi earthquake, TREIF has increased its event funding to $

FSC rejects CTBC's bid for Shin Kong Financial

CTBC had proposed purchasing 51% of Shin Kong Financial.

Will Taiwan’s non-life sector sustain profit surge beyond 2024?

The sector’s direct written premiums in 7M’24 climbed 11.4% YoY.

Cathay Insurance benefits from diversified investments, strong liquidity

Its consolidated adjusted capital and surplus grew by 16% end-2023.

Cathay Life net profit surges to $2b despite premiums decline

Premium slump was driven by weaker demand for investment-linked and interest-sensitive annuities.

Nan Shan Life's investment strategy solid across currencies

S&P also expects the insurer to maintain its current investment risk exposure.

Taiwan insurers' earnings doubled to $10b in July

Both its life and non-life segments witnessed triple-digit growth.

Shin Kong Life sees solvency boost from parent company’s aid

Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.

Central Re’s finances bolstered by prudent investments and retrocession

AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.

Taiwan insurers boost spillover sales in Q2

A total of 616,088 new contracts were sold.

Taiwan insurers' earnings quadruple to NT$229.7b in June

Both life and non-life industries saw triple-digit growth.

Nan Shan holds 12% market share in Taiwan's insurance

The insurer's total capital increased due to narrower unrealised losses in 2023