Shinkong Insurance Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/shinkong-insurance/ Tue, 17 Sep 2024 04:10:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Taiwan’s regulator blocks CTBC Financial’s US$4.1bn bid for Shin Kong Financial https://insuranceasianews.com/taiwans-regulator-blocks-ctbc-financials-us4-1bn-bid-for-shin-kong-financial/ Tue, 17 Sep 2024 03:48:34 +0000 https://insuranceasianews.com/?p=162880 The regulator's rejection now paves the way for the conglomerate's merger with Taishin Financial. Still, a merger will have little impact to Shinkong Insurance, Taiwan’s third-largest P&C insurer, whose biggest shareholder is separate and independent from the conglomerate.

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Taiwan’s top financial regulator has blocked CTBC Financial's US$4.1 billion takeover bid for smaller rival Shin Kong Financial, paving the way for the latter’s merger with Taishin Financial.
In rejec...

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]]> Taiwanese insurers set to debut dedicated EV insurance in July: report https://insuranceasianews.com/taiwanese-insurers-set-to-debut-dedicated-ev-insurance-in-july-report/ Tue, 25 Jun 2024 23:00:22 +0000 https://insuranceasianews.com/?p=156779 Cathay Century Insurance, MSIG Mingtai, Shinkong Insurance, Union Insurance, and Taian insurance are preparing to launch the specialised cover with premiums at 5-10% higher than conventional gas-powered cars.

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Several Taiwanese insurers including Cathay Century Insurance, MSIG Mingtai and  Shinkong Insurance are preparing to launch dedicated electric vehicle (EV) insurance in July, with premium expected to ...

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]]> Shinkong Insurance’s rating outlook revised to ‘positive’: AM Best https://insuranceasianews.com/shinkong-insurances-rating-outlook-revised-to-positive-am-best/ Fri, 26 Apr 2024 07:58:49 +0000 https://insuranceasianews.com/?p=152872 The Taiwanese insurer's long-term issuer credit rating benefitted from prudent underwriting strategy, favourable claims experience and disciplined expense management.

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Shinkong Insurance Company, Taiwan’s third-largest non-life insurer by gross premiums written, benefitted from prudent underwriting strategy, favourable claims experience and disciplined expense manag...

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