Country: Taiwan Page 12 / 13
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- October 20 2015
Micro insurance in Taiwan hits 200,000 policies
Since its launch in November 2009, the initiative has insured more than US$200 million.
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- October 19 2015
Taiwan Life acquired by CTBC Financial
CTBC Financial issued US$102.54 million worth of preferred shares as part of a share swap.
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- October 15 2015
Online insurance still unpopular in Taiwan
Regulators aim to remove roadblocks that hamper online insurance sales after a lacklustre year.
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- October 8 2015
Taiwan’s health insurance fund hits its highest level
Lawmakers in Taiwan are starting to entertain the idea of lowering insurance premiums.
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- October 6 2015
Financial fundamentals of Taiwan’s insurers still sound
The FSC has responded to an IMF warning about potential liquidity risks in global markets.
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- September 29 2015
Taiwan insurers brace for effects of rate cut
Insurers brace for headwinds after the central bank's decision to lower its key interest rate.
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- September 18 2015
Taiwanese insurers ready for US Fed rate hike
Insurers have been making adjustments to fully prepare for the possible effects of the hike.
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- September 4 2015
Taiwan to focus on regulating insurance industry
Insurers are blamed for pushing the prices of products and services to "unreasonable levels".
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- August 27 2015
Aviva Investors hires Taiwan head
Lian Yang appointed as general manager in Taiwan amid strategy to renew focus on Asia.
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- August 21 2015
Taiwan’s insurance penetration is world’s highest
Taiwanese insurance revenues as a share of GDP are the highest in the world, at a record 18.9%.
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- August 19 2015
Taiwan allows insurers to invest in futures ETFs
Insurers can invest up to 0.5% of their total assets in onshore futures ETFs to diversify their investment channels.
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- August 14 2015
Willis acquires Taiwan’s Elite Risk Services
Willis has paid an undisclosed sum for the Taiwanese specialist broker, doubling its presence in the country.
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- August 12 2015
Only 10% of Taiwan’s cars insured against storms
Typhoon Soudelor wrought havoc in Taiwan, but only a fraction of vehicles in the country are insured for storms.
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- August 3 2015
Majority of Taiwanese adults favour raising health insurance fees
Survey shows over 50% of Taiwanese in favour of paying more for their health insurance.
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- July 31 2015
Taiwan issues OIU licenses to 14 insurance firms
Licenses are part of Taiwan's efforts to be seen as an asset management hub in the Asia-Pacific region.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- June 25 2015
Fubon Financial acquires Hyundai Life Insurance stake for US$199m
Taiwanese financial services firm to acquire stake via its insurance unit, Fubon Life Insurance.
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- June 19 2015
Taiwanese insurers hold US$288bn overseas assets
US denominated bonds form the majority of the overseas holdings.
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- June 15 2015
Taiwan’s Nan Shan Life to acquire AIG unit for US$158m
Nan Shan Life to buy the personal and SME insurance businesses from AIG's unit in Taiwan.
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- May 27 2015
Taiwan’s Fubon Life pays US$540m for Madame Tussauds London site
Taiwanese life giant plans to buy as much as US$3bn of overseas properties.