Taiwan Life forecasts 6% premium rise under CTBC
January 15 2016 by InsuranceAsia News Staff-
Taiwan’s Financial Supervisory Commission announces Peng Jin-lung as new chair
- April 17
Peng, who has previously served in the regulator's insurance bureau and was involved in the drafting of the Insurance Act, will assume the top job on May 20.
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Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
- April 16
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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Taiwan earthquake claims unlikely to exceed 2016 Meinong event’s US$500m: AM Best
- April 11
Carriers will only have to deal with limited commercial and industrial claims such as business interruption as the April 3 quake was quite far from the economic and scientific centres and most of the losses are ceded to the international reinsurance market.
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Taiwanese regulator excludes battery risks from EV insurance terms
- April 9
Electric vehicle owners will need to get insured via additional provisions for damage caused by battery combustion, according to the Financial Supervisory Commission.
