Taiwan Insurance News Monitoring

Taiwan non-life premiums rise on tighter underwriting discipline

Motor insurance remained the largest segment. Taiwan’s domestic non-life insurance market posted 10.5% growth in gross written premiums (GWP) in 2024, supported by tighter underwriting guidelines, according to AM Best. “Notably, following a year of …

Chinese ship captain gets three years jail sentence in Taiwan

A Taiwan court has sentenced the Chinese captain of a ship to three years in jail after finding him guilty of intentionally damaging undersea cables off the island in February. He was found guilty of “wilfully anchoring in a prohibited zone”. Prosecutors …

Taiwan’s non-life insurance premiums rose 10.5% in 2024: AM Best

Taiwan’s domestic non-life insurance premiums continued to rise in 2024, increasing by 10.5% to TWD 278.5 billion (USD 9.2 billion), according to a recent report by AM Best. All of AM Best’s rated entities recorded premium growth during the year, supported …

Taiwan star Wang Ta-lu charged in conscription evasion probe

Actor Wang Ta-lu has been charged with knowingly causing a public official to make a false entry in a public document. PHOTO: TALUWANG/INSTAGRAM TAIPEI – Taiwanese actor Wang Ta-lu and 27 others were charged on June 16 with offences relating to dodging …

Electric bus fire prompts safety checks in Taipei, New Taipei

Taipei, June 17 (CNA) Taipei and New Taipei authorities have stepped up safety inspections after an electric bus exploded into flames on Dunhua North Road in downtown Taipei Monday. The fire broke out at 8:43 p.m. when a Metropolitan Transport Corp. Route …

Will Taiwan lifers ramp up FX hedging amid tariff turmoil?

Taiwanese life insurers are expected to increase foreign exchange hedging after recent tariff-driven market volatility led to losses on their US dollar-denominated assets. Despite fears that the Taiwan dollar’s recent rally might be more than a short-term …

Personal Lines Insurance Market Is Booming So Rapidly | GEICO, Travelers, Esurance

The Personal Lines Insurance Market Size is estimated to register High CAGR growth over the forecast period from 2025 to 2034. HYDERABAD, TELANGANA, INDIA, June 16, 2025 /⁨EINPresswire.com⁩/ -- The latest study released on the Global Personal …

China Offers Bounties on Purported Taiwanese Military Hackers

語言: English Photo Credit: Yu tptw/WikiCommons/CC BY-SA 4.0 IN AN UNUSUAL MOVE, the Chinese government has publicized the names and issued bounties for individuals it claims to be Taiwanese hackers who are members of the Information, Communications, …

Taiwan’s non-life insurance premiums surge 10.5% in 2024, driven by motor: AM Best

Taiwan’s Kaohsiung 147 rice exported to South Africa

Kaohsiung 147 is a local japonica rice variety. (Photo: Meinong District Farmers' Association) Over 5,400 packages of Kaohsiung 147, a local japonica rice variety, have been exported to South Africa. The Kaohsiung City Agriculture Bureau announced this …

NGOs demand Taiwan provide insurance for domestic migrant workers

Taipei, June 15 (CNA) A coalition of migrant worker rights groups rallied outside the Ministry of Labor (MOL) Sunday on the eve of International Domestic Workers' Day to urge the government to extend labor insurance coverage to approximately 200,000 …

Taiwan: Regulator introduces interim measures to help life insurers cope with forex losses

The Financial Supervisory Commission (FSC) of Taiwan has decided on several interim measures to mitigate the impact of exchange fluctuations in the financial and capital markets caused by changes in the international financial situation. The three …

Can This Relentless Stock Join Taiwan Semiconductor and Berkshire Hathaway In the $1 Trillion Club?

Investing Kanchana Imsilp / Shutterstock.com Since Apple (NASDAQ:AAPL) became the first U.S. company to surpass a $1 trillion market valuation on August 4, 2018, the prevalence of trillion-dollar stocks has marked a new era in global finance, …

Taiwan extends visa-free entry to Filipinos until July 31, 2026

No Visa Needed for Filipinos to Taiwan until July 31, 2026: Extended Visa-Free Entry Policy Details Filipinos are eligible to travel to Taiwan without a visa. This privilege has now been extended until 2026, as announced by Foreign Minister Lin Chia-lung …

Taiwan's organ transplants show growth in quantity and quality

Taipei, June 14 (CNA) Taiwan has seen significant growth in both the number of organ transplants performed and patient survival rates over the past decade, the Taiwan Organ Sharing Registry and Patient Autonomy Promotion Center (TOSRPAPC) said Saturday at …

Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where …

FSC eases rules to help insurers

Taiwanese regulators have moved to help the nation’s insurers deal with the impact of a recent surge in the local currency, which had left them with massive paper losses on their foreign holdings. Insurers would be allowed to use six-month average exchange …

Lessors win $4.5bn Russia insurance case in UK court

Five international lessors have won a landmark case in the UK High Court and will be able to claim up to USD4.5 billion in insurance claims for aircraft stuck in Russia after March 2022. Justice Butcher ruled on June 11, 2025, that the claims fell under …

Weekly Commentary: “Real Economy Sphere Vs. Financial Sphere” 1Q25

Image Source: Pixabay Marines deployed to Los Angeles. A U.S. Senator wrestled to the ground and handcuffed. Israel executing a surprise decapitation attack on Iran’s military leadership and nuclear capabilities, with retaliatory missile launches forcing …

Introducing Tap2Read Christian Bracelet: An Innovative Bracelet for Daily Inspirations

Introducing Tap2Read Christian Bracelet: An Innovative Bracelet for Daily Inspirations LAGOS, LAGOS , NIGERIA, June 17, 2025 /⁨EINPresswire.com⁩/ -- In a world filled with uncertainty, stress, anxiety, depression, and distractions, a constant …

OneKey® MLS Reports Steady Market Prices and Increase in New Listings for May 2025

In May 2025, the closed median sales price for single-family homes rose to $735,000, marking a 3.5% year-over-year increase. FARMINGDALE, NY, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- OneKey® MLS, the largest multiple listing service in …

CyXcel Introduces Digital Risk Management Platform; Makes Managing Digital Risk and Resilience Simpler & More Efficient

Launch supported by research showing nearly 1/4 of US businesses surveyed do not have an AI policy or governance in place despite ranking AI as a top risk ATLANTA, GA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Responding decisively …

Kinetic Consultancy Expands CX Services to Include AI-Led Customer Intelligence, Loyalty Programs, App Design & Dev.

Kinetic Consultancy forms a multi-brand offering to unlock new value for organisations in GCC through best-in-class AI-first CX, Loyalty, & App design solutions ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- …

A Sacred Commitment: Eden Memorial Jewish Funeral Home and Chapel in New Jersey Upholds Jewish Burial Traditions

Preserving time-honored Jewish rituals while guiding families through meaningful end-of-life care. FORT LEE, NJ, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- As contemporary life continues to evolve, Eden Memorial Chapel in Fort Lee …

NAPIA Celebrates 75th Year with New Leadership and Renewed Vision

SCOTTSDALE, AZ, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- The National Association of Public Insurance Adjusters (NAPIA) proudly announces the installation of its 2025–2026 Officers and Board of Directors during its landmark 75th Annual Meeting …

Q4intelligence Partners with freshbenies to Offer an Employee Benefit that Cuts Healthcare Costs and Confusion

Collaboration aims to educate employee benefit brokers about smarter healthcare strategies and support tools. ST. LOUIS, MO, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Q4intelligence, a leader in professional growth and business …

IICF Gathers Insurance CEOs and Leaders to Discuss the Future of Work and Innovation at Global Leadership Conference

IICF Legacy Leaders honored for contributions to the foundation and local communities LOS ANGELES, CA, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to …

ARNEX Capital Management Launches to Revolutionize the Financial Landscape and Transform Asset Liability Management

Risk Reengineered with the ARNEX ALM Gold Standard AUSTIN, TX, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- ARNEX Capital Management, LLC (ARNEX) announces its launch, introducing a revolutionary suite of tools and solutions covering Asset …

Ascent Dealer Services Names F&I Veteran James Mercer as Vice President of Sales

Mercer joins CEO Adam Marburger to lead national growth, sales, and innovation in the automotive F&I industry. ALTON, IL, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Ascent Dealer Services appoints James Mercer as VP of Sales to lead …

UGenome AI & PlexusDx Announce Strategic Partnership to Deliver Pharmacogenomic Testing to Support Personalized Medicine

ALPHARETTA, GA, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- UGenome AI, a leader in genomic software innovation, and PlexusDx, a high-growth molecular diagnostics company specializing in pharmacogenomic (PGx) and nutrigenomic (NGx) testing …

Homeowners Across Dallas Turn to Bluebonnet Insurance Solutions for Expanded Protection

Bluebonnet Insurance Solutions responds to growing demand for homeowners insurance in Dallas with enhanced policies offering long-term stability & protection. FLOWER MOUND, TX, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Bluebonnet Insurance …

Texas 5,000 Acre AI Data Center Site Fast Tracks 500 MW Behind-Meter Power

Texas Panhandle site offers 750 MW wind, 1 GW gas, and 250 MW BTM power—no PPAs signed, fully customizable to end-user load profiles. DALLAS, TX, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- A 5,000-acre Panhandle campus listed by Roxanne …

PEO Channel Partner Affiliate Program Provides New Revenue Streams for CPAs, Insurance Agents and Brokers - Texas PEO

HRTECH PEO Services Agency Transforming Workforce Management with Innovative HR Tech and Strategic Partnerships HOUSTON, TX, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- ESI PEO: Transforming Workforce Management with Innovative HR Tech …

Solix Technologies to Co-Host CDOIQ/SolixEmpower Mini-Symposium Featuring Keynote by AI Visionary Tom Davenport

Solix to co-host CDOIQ Mini-Symposium July 14, spotlighting AI, dark data, and agentic workflows with leaders from MIT, JPMorgan, Citi, and more. SANTA CLARA, CA, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Solix Technologies, Inc., a …

Soluta Promotes Igor Riera to Vice President, Solutions Engineering

AUSTIN, TX, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Soluta, a leader in automated billing, reconciliation, and payment processing solutions for employee benefit programs, is pleased to announce the promotion of Igor Riera to Vice President, …

Nimble Goes Live with Unibeam, Delivering Seamless and Secure Authentication for Clients and Partners

TEL AVIV, ISRAEL, June 16, 2025 /⁨EINPresswire.com⁩/ -- Nimble, a supply‑chain finance fintech platform enabling businesses to offer early invoice payments and optimize working capital, today announced the selection of Unibeam’s authentication platform to …

Galen Growth Redefines Digital Health Intelligence with AI-Powered Analytics Platform

With unmatched data precision and AI-powered analytics, Galen Growth emerges as the category leader in global digital health intelligence. BASEL, BASEL-STADT, SWITZERLAND, June 16, 2025 /⁨EINPresswire.com⁩/ -- Galen Growth today unveiled Alpha …

Locust Point Capital Closes Fund III at $668M and Promotes Co-Founder Dan Contardi to President

With Fund III, Locust Point continues supporting owner-operators with flexible capital as demographic trends drive growth in seniors housing MIAMI, FL, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Locust Point Capital, a leading credit …

Announcing the CHCollective Insurance Program

CHCollective has partnered with Lockton Affinity to offer its members exclusive perks. OVERLAND PARK, KS, UNITED STATES, June 16, 2025 /⁨EINPresswire.com⁩/ -- Lockton Affinity and CHCollective are excited to announce a dynamic new benefit program to …