Country: Taiwan Page 6 / 14
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- September 19 2022
Strong Taiwan earthquake triggers widespread infrastructure damage
Buildings, railway lines and bridges have all been impacted in the epicentre, Taitung county.
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- August 25 2022
AM Best revises Covid-hit Taiwan non-life sector outlook to negative
Gross pandemic policy claims of US$2bn over the last six months have left carriers struggling to pay out.
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- July 15 2022
Taiwan’s GI market to hit US$9.6bn GWP in 2026: GlobalData
Growth to be driven by property, health insurance and a recovery in new vehicle sales.
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- June 7 2022
Taiwan’s P&C capital levels under pressure from Covid claims
The situation shows the danger of underwriting policies for which there is inadequate data.
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- May 24 2022
Taiwan’s Covid-19 claims may exceed US$1.38bn: report
About 7.6 million COVID-19 policies had been sold by non-life insurance companies in Taiwan.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- February 3 2022
Taiwan non-life profits up 33%
Demand for health insurance drove strongest premium growth in more than a decade.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- November 29 2021
Reinsurance broker Richmond expands into Taiwan
Taipei-based Kevin Kuo has been appointed CEO of the new subsidiary ahead of the January 2022 renewals.
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- November 24 2021
Taiwan’s non-life players benefit from benign nat cat experience
P&C insurers have recorded a five-year average net combined ratio of 95.6%, according to AM Best.
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- November 16 2021
Gallagher senior appointments target Asia growth
Thomas Wang and Leng Leng Ng take on leadership roles for North Asia and Singapore.
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- October 27 2021
Taiwan enjoys record P&C premium growth
The non-life market is growing at its fastest pace in more than a decade.
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- October 18 2021
Charles Taylor appoints new Greater China director
Derik Chen previously worked as a claims manager with Axa XL in Shanghai.
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- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
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- October 5 2021
China Development Financial to buy 100% of Taiwan’s China Life Insurance
The transaction is expected to close by the end of 2021 following regulatory approval.
