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Press Release

Sales performance of insurance with spillover effect and in-kind benefits provided by life insurance companies as of the fourth quarter of 2019

2020-02-04
As of the fourth quarter of 2019, the sales performance of insurance products with spillover effect and in-kind benefits provided by life insurance companies was as follows: 
1. The FSC has approved or accepted registrations of 28 insurance products with a spillover effect from 8 life insurance companies. In total, 60,117 new contracts for such products have been sold as of the fourth quarter of 2019, up by 464% from 10,645 compared to the fourth quarter of 2018. The first-year premium income was NT$816.46 million, up by 823% from NT$88.39 million compared to the fourth quarter of 2018.
2. The FSC has approved or accepted registrations of 16 inkind payment insurance products from 6 life insurance companies. In total, 181,775 new contracts for such products have been sold as of the fourth quarter of 2019, up by 19% from 151,860 compared to the fourth quarter of 2018. The first-year premium income was NT$38.46 million, down by 3% from NT$39.61 million in the fourth quarter of 2018.
 
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  • Update: 2020-07-03
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