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Taiwan tag returned 130 results

  • Taiwan: Regulator mulls changes to risk-capital charge for bond ETF investments

    Taiwan's top financial regulator is considering new rules that could raise the cost of investing in bond exchange-traded funds for insurance companies, people familiar with the matter told Bloomberg.

    Asia | 16 Sep 2019
  • Taiwan: Regulator authorises first InsurTech sandbox programme

    Taiwan's Financial Supervisory Commission (FSC) recently authorised the application of insurer Cathay Life, in partnership with online travel agency ezTravel, to participate in a regulatory InsurTech sandbox programme.

    Asia | 13 Sep 2019
  • Taiwan: Insurers' investment exposure to HK reaches US$6.6bn

    The Taiwanese insurance sector had a total exposure of NT$205.8bn ($6.6bn) to Hong Kong, accounting for 0.79 % of the sector's total capital, at the end of July, Ms Wang Li-hui, deputy director of the Insurance Bureau of the Financial Supervisory Commission (FSC), has revealed.

    Asia | 05 Sep 2019
  • Taiwan: Farglory Life Insurance fined once again

    Taiwan's Financial Supervisory Commission (FSC) has imposed a fine of NT$1m ($31,795) on Farglory Life Insurance for violating regulatory requirements recently, revealed a monthly publication from the Taiwan regulator. This comes just a year after it was fined NT$14.4m, the steepest fine ever imposed on a life insurer, in April 2018 due to a major corporate breach.

    Asia | 29 Aug 2019
  • Taiwan: Life sector's FYP increase by 6.4% y-o-y to US$23.58 billion in the first seven months of the year

    Taiwan's life insurance industry saw overall first-year premiums (FYP) increase by 6.4% year-on-year to NT$726bn ($23.58bn) in the first seven months of this year. This is according to Taipei Times citing figures from the territory's Life Insurance Association.

    Agents | 27 Aug 2019
  • Taiwan sees declining sales of investment-linked insurance policies

    In the first seven months of this year, Taiwan's life insurance industry saw overall first-year premiums (FYP) increase by 6.4% year-on-year to NT$726bn ($23.58bn), reported Taipei Times citing figures from the territory's Life Insurance Association.

    Asia | 21 Aug 2019
  • New head of technology, media and telecoms for broker

    Willis Towers Watson (WTW) has newly appointed Mr Brian Wang as head of technology, media and telecommunications (TMT) for North Asia in the corporate risk and broking business. In his new role, Mr Wang will be based in Taiwan and report to managing director and industry leader (TMT Asia) Sirikit Oh.

    Asia | 06 Aug 2019
  • New leader heads Munich Re's Greater China operations

    Munich Re has appointed Mr Steven Chang, an industry veteran, as chief executive of Greater China as of 1 August 2019. Based in Beijing, he will report to Asia Pacific (Greater China and Australia/New Zealand) chief executive Tobias Farny and lead the reinsurer's non-life business and operations in the Greater China area which includes mainland China, Taiwan, Hong Kong and Macau.

    Asia | 05 Aug 2019
  • Taiwan: Life insurers' 1H pre-tax gains jump by 36% despite forex losses

    Insurers in Taiwan posted a 36.3% surge in pre-tax profits in the first half of this year to NT$101bn ($3.25bn) over the corresponding period last year, according to the Financial Supervisory Commission (FSC).

    Asia | 26 Jul 2019
  • Taiwan: Heightened risk of flight cancellations drives more travel insurance sales

    Premium income from travel insurance policies sold online in Taiwan saw a 42% surge in the first half of this year to NT$162.6m ($5.23m), reported the Taipei Times citing data from the Financial Supervisory Commission (FSC). The growing popularity of travel insurance comes amidst Taiwanese consumers seeking better financial protection against flights being cancelled due to labour disputes.

    Asia | 25 Jul 2019


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