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FSC announced the list of insurance firms rewarded for outstanding performance in support of the Program for Improving Insurance Protection for the People

2019-11-07
In order to maximize the insurance coverage and provide citizens with adequate coverage of personal insurance, the FSC has implemented the “Program for Improving Insurance Protection for the People.” Insurance firms which meet certain requirements for performance are offered incentives, such as addition of the number of new financial instruments submitted for review and regularly publishing a list of firms with outstanding performance. The insurance firms that achieved outstanding performance for increasing insurance protection January-June 2019 include 15 life insurance firms, including BankTaiwan Life Insurance, PCA Life Assurance, China Life Insurance, Nan Shan Life Insurance, Shin Kong Life Insurance, Fubon Life Insurance, Allianz Taiwan Life Insurance, First Life Insurance, TCB Life Insurance, Prudential Life Insurance, TransGlobe Life, Yuanta Life Insurance, AIA, BNP Paribas Cardif, and Chubb Tempest Life Reinsurance. They were granted an extra 1 to 4 submissions of products for review.
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  • Update: 2019-11-07
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