Country: Taiwan Page 6 / 14
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- November 11 2022
Evergreen captive sees ‘favourable’ net claims: AM Best
AM Best expects that marine underwriting results will continue to be the main driver of its bottom-line.
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- November 10 2022
Tokio Marine opens digital labs in Singapore, Taipei and Tokyo
The Japanese giant is creating a new ecosystem, inspired by its Brazilian app.
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- November 4 2022
Fubon Insurance’s strong capitalisation will help rebound from Covid: AM Best
A capital injection of US$468.5m in August 2022 from its parent is sufficient to absorb the potential pandemic claims for the Taiwanese carrier.
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- October 21 2022
Cathay Financial to inject US$300m into Cathay Century
The fundraise will help the Taiwanese P&C player absorb rising losses on pandemic policies and mark-to-market losses on their investments.
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- October 19 2022
CTBC launches bid to become Taiwan’s first virtual insurer: report
The P&C carrier has filed an application with the Financial Supervisory Commission.
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- October 6 2022
Oneglobal swoops for veteran Huichih Ko to boost Asia arm
Ko will be based in Taiwan and has previously worked at Marsh, WTW and Sedgwick.
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- September 28 2022
Insurers shying away from writing new China, Taiwan policies: report
Risk managers are worried a sanctions war between the US and China may restrict capital flow.
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- September 21 2022
Zenobia Huang to steer WTW Taiwan marine team
Taipei-based Huang has been at the broker since 2015 specialising in hull, P&I and other liability lines.
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- September 19 2022
Strong Taiwan earthquake triggers widespread infrastructure damage
Buildings, railway lines and bridges have all been impacted in the epicentre, Taitung county.
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- August 25 2022
AM Best revises Covid-hit Taiwan non-life sector outlook to negative
Gross pandemic policy claims of US$2bn over the last six months have left carriers struggling to pay out.
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- July 15 2022
Taiwan’s GI market to hit US$9.6bn GWP in 2026: GlobalData
Growth to be driven by property, health insurance and a recovery in new vehicle sales.
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- June 7 2022
Taiwan’s P&C capital levels under pressure from Covid claims
The situation shows the danger of underwriting policies for which there is inadequate data.
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- May 24 2022
Taiwan’s Covid-19 claims may exceed US$1.38bn: report
About 7.6 million COVID-19 policies had been sold by non-life insurance companies in Taiwan.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- February 3 2022
Taiwan non-life profits up 33%
Demand for health insurance drove strongest premium growth in more than a decade.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
