Country: Taiwan Page 12 / 14
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- August 11 2016
Taiwan revision on equity charges hurts risk profiles
The recent move to revise risk charges on local insurers’ equity positions is credit negative, says Moody’s.
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- July 20 2016
Taiwan set to tighten rules on life insurance products
Regulators intend to lower the current 5% insurance policy bancassurance fees to 3.5% to contain costs.
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- July 12 2016
Taiwan’s NHI launches open data website
The government launch of an insurance website has given the public access to six categories of open insurance data.
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- July 7 2016
Taiwan deposit insurance coverage is world’s third highest
Coverage of NT$3 million indicates the country is succeeding at protecting local consumers and their assets, says the regulator.
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- June 28 2016
Taiwan regulator warns on Brexit
The FSC says that the country’s insurance industry is the most exposed financial sector to the UK after its EU referendum.
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- June 21 2016
Zurich sells general insurance operations in Taiwan
The sale is part of its efforts to restructure its global organisation and curb a decline in profitability.
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- June 17 2016
Taiwan firms warned against policy violations
The regulator is concerned about the high number of insurers burdened with excessive fees paid on sales .
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- June 10 2016
Manulife taps yield-hungry Taiwanese life insurers
Borrowing in Taiwan is an increasingly popular option among global corporates as local investors shun domestic debt.
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- June 2 2016
Chubb Life names new Taiwan president
Chubb Group's global life insurance division has appointed Kristine Ung as the new president of its Taiwan operation.
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- May 31 2016
China Life’s Q1 net income drops 18%
The Chinese insurer's weak performance has prompted analysts to trim their forecasts for this year.
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- May 16 2016
Taiwan Life adds US$41m to CTBC’s Q1 earnings
The contribution reversed CTBC's net loss in the final quarter of 2015, though profits were still down significantly.
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- May 11 2016
Allianz to sell part of Taiwan life insurance portfolio
The sale of the €1.2 billion portfolio is driven by the constraints on European insurers as a result of Solvency II.
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- April 13 2016
Taiwanese financial firms hit by falling insurance earnings
The sluggish performance of insurance companies is taking a toll on the nation's top financial groups.
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- March 24 2016
Cathay Life posts profit of US$154 million in Q1
The Taiwanese insurer reversed unrealised losses of US$120m in the fourth quarter to post a profit for this quarter.
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- March 18 2016
Taiwan further loosens offshore investment restrictions
Domestic insurers will be allowed to allocate up to 40% of their assets to offshore investments.
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- March 16 2016
Cathay Life to raise overseas investments this year
Amid a persistent low-yield environment, the Taiwanese insurer continues to search for higher returns abroad.
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- March 15 2016
Taiwan to restrict health insurance for overseas citizens
A proposed amendment seeks to restrict access for Taiwanese who live abroad for more than six months.
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- March 9 2016
Taiwan uncovers US$9m health insurance fraud in 2015
The National Health Insurance Administration has punished 383 hospitals, clinics and pharmacies.
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- March 1 2016
Taiwan legislators consider revision of insurance law
The existing law prevents insurance carriers from paying out compensation to beneficiaries under 15.
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- February 18 2016
Taiwanese majors suffer earnings plunge in January
Life firms reported a 40% decline in earnings after a brutal downturn on Taiwan's stock market.
