Taiwan insurers bank on economic optimism
Source: Asia Insurance Review | Jul 2018
Taiwan Life & Health Motor Property & Casualty Financial Performance
Taiwan’s insurance market had a good run in 2017, where it grew by 9.1% to register record-breaking premiums of NT$3.57tn ($122.8bn), thanks to moderate domestic economic growth and an improving global financial environment. Insurers are not expecting this trend to wane anytime soon, though the industry will have to continue keeping a close eye on local competition, regulatory and capital market developments.
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