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.
Cathay Life Insurance commits $146m in private equity funds
The Taiwanese insurer has funded two PE funds.
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.
Taiwan’s National Health Insurance to cover robotic surgical procedures
The policy will take effect on 1 March.
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.
Pandemic claim losses won’t drag down Fubon Insurance’s strong profitability: Moody’s
Strong capitalisation is back by support from Fubon Financial.
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.
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