News Asia11 Aug 2017

Taiwan:Call for compulsory insurance to be expanded and enlarged

11 Aug 2017

The regulatory framework for nonlife insurance products in Taiwan should be reviewed, including extending compulsory insurance, so as to enhance consumer protection while according greater flexibility for insurers to respond to changing market conditions, both in managing risks and enhancing their competitiveness, says The American Chamber of Commerce in Taipei in its recently released 2017 White Paper.

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