Country: Taiwan Page 9 / 16
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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.
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- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.
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- August 5 2021
Taiwan’s non-life premiums rose 6.2% to US$6.8bn in 2020
The P&C sector saw pre-tax profits grow 54.4% to NT$12.2bn in H1 2021.
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- August 2 2021
Taiwan’s insurers see H1 profits grow 148.5% to US$9.71bn
FSC data shows P&C profits grew 54.4% in the first half of 2021.
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- July 26 2021
Central Re keeps positive underwriting result, eyes overseas expansion
The Taiwan-based reinsurer is set to continue expansion into Europe, the Middle East and South-East Asia.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- June 10 2021
Munich Re promotes William Man to HK, Taiwan life general manager
The chief actuary will combine his previous role with underwriting and business development.
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- June 7 2021
Taiwan’s P&C players demonstrate resilience
Non-life market expected to grow 5-6% annually over the next few years with the motor sector playing a key role.
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- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
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- May 20 2021
Aon/WTW: Taiwan’s antitrust authority gives the green light
The Fair Trade Commission says the mega broking deal would “not significantly restrict competition".
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- April 13 2021
Aon/WTW: aerospace, cyber assets offered to secure EU approval–report
The EU competition authority has a provisional July deadline to make a decision.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
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- April 1 2021
Environmental liability insurance creating opportunities: Fitch
ESG considerations for Asian (re)insurers are creating an underwriting priority reset.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- March 5 2021
Taiwan regulatory supervision steps up as profits rise 33%
The FSC is changing capital and investment requirements to support insurers' resilience.
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- February 8 2021
Taiwan to push capital strength and sustainable finance: Fitch
The FSC has pinpointed key focus areas as insurers prepare for IFRS 17 and a new solvency regime.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
