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Taiwan Insurance Report Q1 2015


Attention: There is an updated edition available for this report.

Taiwan Insurance Report Q1 2015

BMI View: Taiwan's insurance market is large and very well developed, with several major domestic andmultinational firms active in both the life and non-life sectors. Premiums are set to increase across allmajor lines, with particularly healthy growth expected in terms of life and health insurance - whichdominate the insurance market in Taiwan. Although mature, there are still substantial opportunities forexpansion, especially through product innovation.

In both the life and non-life sectors, the same three insurers, Cathay, Fubon and Nan Shan, control around50% of gross premiums, and other insurers struggle to achieve substantial market shares. Moving forwardwe expect to see some market consolidation amongst the smaller firms, while the larger companies willlikely look abroad, particularly to China, for future expansion opportunities. Taiwan's insurance marketbenefits from a very well developed and robust regulatory environment and generally stable claims trends.


BMI Industry View
SWOT
Political
Economic
Industry Forecast
Total Premiums Forecast
Total Premiums
Table: Total Gross Premiums Written (Taiwan 2011-2018)
Claims
Table: Total Insurance Claims (Taiwan 2006-2013)
Assets
Table: Total Insurance Assets (Taiwan 2006-2013)
Life Premiums Forecast
Total Premiums
Table: Gross Life Premiums Written (Taiwan 2011-2018)
Life Insurance Claims
Table: Life Insurance Claims (Taiwan 2006-2013)
Life Insurance Assets
Table: Assets (Taiwan 2006-2013)
Life Insurance Drivers
Table: Insurance Key Drivers, Private Health Expenditure (Taiwan 2011-2018)
Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Taiwan 2011-2018)
Non-Life Reinsurance Premiums
Table: Reinsurance Non-Life Premiums Written (Taiwan 2011-2018)
Non-Life Claims
Table: Non-Life Insurance Claims (Taiwan 2006-2013)
Non-Life Assets
Table: Assets (Taiwan 2006-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Taiwan 2011-2018)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Taiwan 2011-2018)
Table: Insurance Key Drivers, Autos (Taiwan 2011-2018)
Table: Transport Insurance (Taiwan 2011-2018)
Table: Insurance Key Drivers, Freight Tonnage (Taiwan 2011-2018)
Property Insurance
Table: Property Insurance (Taiwan 2011-2018)
Health and Personal Accident Insurance
Table: Health Insurance (Taiwan 2011-2018)
Table: Personal Accident Insurance (Taiwan 2011-2018)
Credit and General Liability Insurance
Table: Credit/Financial Guarantee Insurance (Taiwan 2011-2018)
Table: General Liability Insurance (Taiwan 2011-2018)
Industry Risk Reward Ratings
Asia Pacific Industry Risk/Reward Index Q1 2015
Table: Asia Pacific Insurance Risk/Reward Index - Q1 2015
Market Overview
Life Market Overview
Table: Life Insurance Market (USDmn) 2007-2013
Table: Life Insurance Market (%) 2007-2013
Non-Life Market Overview
Table: Non-Life Insurance Market (USDmn) 2007-2013
Table: Non-Life Insurance Market (%) 2007-2013
Company Profile
Allianz
Cathay Financial Holdings (Cathay Life/Cathay Century)
China Life (Taiwan)
Chunghwa Post
Fubon Financial (Fubon Life/Fubon Insurance)
Nan Shan Life
Shin Kong Financial Holding (Shin Kong Life)
Demographic Forecast
Table: Population Headline Indicators (Taiwan 1990-2025)
Table: Key Population Ratios (Taiwan 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Taiwan 1990-2025)
Table: Population By Age Group (Taiwan 1990-2025)
Table: Population By Age Group % (Taiwan 1990-2025)
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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