Taiwan
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
Taiwan's life sector sees 7% growth in foreign-currency sales
Investment-linked insurance products accounted for 15% of the total.
Taiwan's new EV insurance plans to ensure fair pricing
Premium rates for EVs won't exceed those for gas vehicles by 50%.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
Fubon Life maintains stable outlook: Fitch Ratings
The insurer could use overseas instruments as risk mitigation leverage.
Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s
Cathay Life is forecasted to stay profitable in the next 12-18 months.
Fubon Life’s investments raise volatility concerns
Its P&C segment’s profits and capitalisation over the next 12-18 months should remain stable.
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Cathay Life projects continued profitability: S&P
The life insurer is likely to remain the group's flagship entity, dominating revenue and assets.
Taiwan life insurers' foreign sales rise 6% in March
Investment-linked insurance products generated NT$9.3b during the month.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Annual workshop aims to boost Taiwan's bilingual goal
It integrates the language workshop for insurance practices.
Improvement in underwriting bolsters Taiwan Life's outlook
Earnings may remain volatile due to the high proportion of interest-sensitive products.
Prudent underwriting boosts Shinkong's claims experience: AM Best
The company saw a double-digit growth in capital and surplus in 2023.
TREIF estimates $23.5m in losses from more than 450 claims
Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.
Taiwan appoints Peng as FSC chair to enhance financial hub
Peng Jing-Jung is also an associate dean of the College of Commerce at National Chengchi University.
Taiwan's non-life insurers unlikely to see big quake claims – AM Best
Some insurers could benefit from robust parental financial support, as mandated by regulations.
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