Company: Cathay Century Insurance Company Page 1 / 1
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- June 26 2024
Taiwanese insurers set to debut dedicated EV insurance in July: report
Cathay Century Insurance, MSIG Mingtai, Shinkong Insurance, Union Insurance, and Taian insurance are preparing to launch the specialised cover with premiums at 5-10% higher than conventional gas-powered cars.
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- March 19 2024
Cathay Century returns to profitability in 2023 on strong premium growth, lower claims
Taiwan's second largest non-life insurer's premiums written grew 14.5% to US$1bn while claims payout dropped 22%.
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- September 29 2023
Cathay Century to sustain turnaround as motor revenues pick up: AM Best
The global rating agency has affirmed an insurer rating of A (excellent) for the Taiwanese P&C player with a stable outlook.