Country Profile – Taiwan: Life Insurance: Maturing and steadily moving forward
Source: Asia Insurance Review | Aug 2011
Decent population size, capable authorities, high life insurance penetration rates, sound insurance awareness and open business lines to China – all these seem to be a recipe for success for Taiwan’s life insurance industry. Yet, throw in tough competition, new regulations, and past sales of investment-linked products at previously high interest rates, and a market with some serious challenges is created.
By Min Yong
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