Union Insurance Company Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/union-insurance-company/ Tue, 25 Jun 2024 14:49:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 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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Union Insurance’s capital restored to pre-Covid levels: AM Best https://insuranceasianews.com/union-insurances-capital-restored-to-pre-covid-levels-am-best/ Thu, 30 May 2024 08:13:51 +0000 https://insuranceasianews.com/?p=154859 AM Best affirmed its financial strength rating of "A-" (excellent) with a stable outlook, citing a very strong balance sheet and adequate operating performance.

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Taiwanese insurer Union Insurance Company's capital position should have room to grow in the short to intermediate term after it has largely settled its pandemic-related losses in the first half of 20...

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Union Insurance to sustain growth, solvency ratio despite Covid losses: AM Best https://insuranceasianews.com/union-insurance-to-sustain-growth-solvency-ratio-despite-covid-losses-am-best/ Fri, 02 Jun 2023 04:29:18 +0000 https://insuranceasianews.com/?p=126619 The rating agency has affirmed an insurer rating of A- (excellent) with a stable outlook for the Taiwanese carrier.

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Taiwanese carrier Union Insurance could resume growth in both capital and surplus through the retention of net profits derived from non-pandemic insurance underwriting and investment results over the ...

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