News - Taiwan: Sales through agents increase in 2011
Source: Asia Insurance Review | Mar 2012
Life insurance agents collected NT$385.7 billion (US$13 billion) in first-year premium (FYP) revenues in 2011, up 5% y-o-y. However, FYP revenues generated via the bank sales channel totalled NT$567.9 billion in 2011, down 25% y-o-y, according to statistics compiled by the Life Insurance Association of the Republic of China (LIA-ROC).
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