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Taiwan tag returned 151 results

  • Taiwan: Regulator moves to tighten insurance plans linked to target-maturity bond funds

    Taiwan Ratings Corp says that it welcomes the Financial Supervisory Commission's (FSC) plan to tighten sales of insurance policies featuring target-maturity bond funds, adding that the move would help rein in risks that investors are not generally aware of.

    Asia | 27 Jan 2020
  • Taiwan reintroduces usage-based insurance policies for scooter riders

    Taiwanese regulator Financial Supervisory Commission (FSC) has approved Nan Shan Insurance to work with electric scooter manufacturer Gogoro to provide legitimate usage-based insurance (UBI) policies for scooter riders, reported the Taipei Times citing an announcement from FSC.

    Asia | 16 Jan 2020
  • Taiwan: Revised life insurance product regulations are credit positive, says Moody's

    Upcoming revisions to regulations on life insurance products in Taiwan will be credit positive for life insurers, said Moody's Investors Service's analysts. It is expected that revised regulations will reduce insurers' reliance on spread gains, widen their product margins and reduce incentives for further accumulation of asset risks

    Asia | 09 Jan 2020
  • Taiwan: 61% jump in complaints on insurance policies

    Disputes over compensation amounts and the definition of medically necessary treatment has led to a 61% year-on-year rise in complaints about insurance policies in Q32019, reported Taipei Times citing a Financial Ombudsman Institution report.

    Asia | 24 Dec 2019
  • China: Mainland Chinese trail Taiwanese in number of insurance policies held

    The average Taiwanese holds 3.3 insurance policies, the highest in the world, followed by mainland Chinese with three policies, Vietnamese and Indians with 2.7 policies, South Koreans with 2.3 policies and Japanese with 1.8 policies, according to the findings of a survey released by BNP Paribas Cardif.

    Asia | 13 Dec 2019
  • Greater China: Taiwan unlikely to take HK's place as regional financial hub

    Taiwan is unlikely to replace Hong Kong as a financial hub in the Asia-Pacific region, despite the ongoing political turbulence and social unrest in the latter territory, according to the chief of the Taiwanese financial regulatory agency.

    Asia | 12 Dec 2019
  • Taiwan: Mandatory insurance for Uber Eats, Foodpanda drivers

    Taiwan's Ministry of Labour (MOL) has reacted to the death of two delivery drivers from Uber Eats and Foodpanda in traffic accidents by telling food delivery companies they must compulsorily insure their delivery drivers during working hours, reported the Central News Agency. This will require these companies to purchase both personal insurance and non-life insurance for their drivers.

    Asia | 05 Dec 2019
  • Taiwan: Call to address weaknesses in agricultural insurance

    An economics professor has proposed the establishment of an agricultural insurance fund, so as to realise financially stable insurance services for farmers.

    Asia | 03 Dec 2019
  • Taiwan: Cuts in discount rates on liability reserves to take place in Jan 2020

    The Financial Supervisory Commission (FSC) is lowering the discount rates on life insurance companies' liability reserves next year.

    Asia | 21 Nov 2019
  • Taiwan: Life insurance forecast to slow down in 2020

    Life insurers in Taiwan may see a slowdown in business next year, with total written premiums likely to grow a modest 2.5-3.0% following tightening requirements governing the sales of savings-type insurance policies, Taiwan Ratings Corp has said.

    Asia | 19 Nov 2019

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