Non-life insurance: Slow and steady
Source: Asia Insurance Review | Oct 2013
Changes are underway in Taiwan's insurance industry with regulatory amendments and the implementation of international standards. Income continues to grow steadily as premium rate adjustments translate to higher revenues for motor and fire, the two largest non-life classes. Insurers are generally confident about the sector's outlook and with the regulator giving the industry strong support, there is good reason to be optimistic.
By Dawn Sit
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