Sunday, November 19, 2017

Taiwan

CDFHC expects gains after Taiwan insurer acquisition

CDFHC expects gains after Taiwan insurer acquisition

Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.

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Moody’s keeps negative outlook on Taiwan market

Moody’s keeps negative outlook on Taiwan market

The industry has shown improvement with margins on savings products but still needs to make progress.

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Taiwanese insurers hurt by China losses

Taiwanese insurers hurt by China losses

Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.

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Allianz to sell part of life insurance business in Taiwan

Allianz to sell part of life insurance business in Taiwan

The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.

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Aviva exits Taiwan

Aviva exits Taiwan

The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.

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Taiwan insurers advised to hedge forex risk

Taiwan insurers advised to hedge forex risk

The Taiwan Futures Exchange has urged insurers to minimise the effects of a drop in the US dollar’s value.

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DBS and Chubb ink 15-year regional distribution deal

DBS and Chubb ink 15-year regional distribution deal

The bancassurance agreement covers five markets: Singapore, Hong Kong, Taiwan, Indonesia and China.

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Willis appoints insurance consulting head for HK, Taiwan

Willis appoints insurance consulting head for HK, Taiwan

Albert Li has been named as head of the insurance consulting and technology business.

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Strong currency puts pressure on Taiwan life insurers

Strong currency puts pressure on Taiwan life insurers

The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.

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Stronger currency hurting Taiwan insurers

Stronger currency hurting Taiwan insurers

The continued strength caused NT$65.8 billion (US$2.18bn) in foreign-exchange related losses in the first quarter.

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Taiwan insurers urged to strengthen hedging measures

Taiwan insurers urged to strengthen hedging measures

The Financial Supervisory Commission has encouraged life insurers to manage their currency exposures.

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Taiwan market set to lose up to US$4.9bn

Taiwan market set to lose up to US$4.9bn

The Taiwanese dollar’s appreciation and insurers’ foreign investment exposure could take a toll on the industry.

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Taiwan gears up for third-generation health scheme

Taiwan gears up for third-generation health scheme

Initiation of the third-generation national health insurance plan started last month said the health minister.

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Nan Shan Life takes over Chaoyang Life in Taiwan

Nan Shan Life takes over Chaoyang Life in Taiwan

The Taiwanese government is paying NT$200m to take over loss-making insurer before May this year.

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Taiwan to create long-term healthcare agency

Taiwan to create long-term healthcare agency

The Ministry of Health and Welfare is planning to push forward the government’s long-term care program.

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Taiwan premiums set to break record

Taiwan premiums set to break record

Total premium payments collected this during the first 10 months of this year is up by more than 6%.

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Taiwan life firms post decline in earnings

Taiwan life firms post decline in earnings

Aggregate earnings dropped by NT$46.2b (US$1.45b) to NT$95.9b during the first 10 months of the year.

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Cost of fraudulent NHI claims hits new record in Taiwan

Cost of fraudulent NHI claims hits new record in Taiwan

Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.

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