Research and Markets: Life Insurance in Taiwan, Key Trends and Opportunities to 2017 Research Report

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Research and Markets ( has announced the addition of the "Life Insurance in Taiwan, Key Trends and Opportunities to 2017" report to their offering.

The Taiwanese life insurance segment grew at a compound annual growth rate (CAGR) of 6.6% in terms of gross written premium during the review period (2008-2012), as a result of the strong performance of the individual life category, which grew at a healthy CAGR of 9.7%. However, the segment's growth slowed due to a decline in general annuity insurance and low interest rates in the country.

Fierce competition in the segment, which forced multinationals to exit Taiwan, and the current low interest rates are projected to affect the life segment's total growth over the forecast period. As a result, the segment is expected to post a lower CAGR of 3.7% over the forecast period (2012-2017).

Key Highlights

- The Taiwanese life insurance segment grew at a CAGR of 6.6% in terms of gross written premium during the review period

- During the review period, life insurance providers in Taiwan benefited from low combined ratios, resulting in underwriting profits

- Favorable demographic factors, such as increased life expectancy and a rise in the population aged 65 years and above, are likely to accelerate demand for life insurance products

- The strong social credibility and familiarity of Taiwanese banks as financial institutions aided the selling of annuities and unit-linked products during the review period

- The five leading companies collectively accounted for 68.5% of the segment's gross written premium in 2012

Key Topics Covered:

Executive Summary


Life Insurance - Regional Benchmarking

Taiwanese Insurance Industry Attractiveness

Life Insurance Outlook

Analysis by Distribution Channel

Porter's Five Forces Analysis - Taiwanese Life Insurance

Reinsurance Growth Dynamics and Challenges

Governance, Risk and Compliance

Competitive Landscape and Strategic Insights

Business Environment and Country Risk


List of Tables

List of Figures

Companies Mentioned

Cathay Life Insurance Co., Ltd

Fubon Life Insurance Co., Ltd

Nan Shan Life Insurance Company Ltd

Chunghwa Post Co., Ltd

Shin Kong Life Insurance Co., Ltd

China Life Insurance Co., Ltd

Mercuries Life Insurance Co., Ltd

Taiwan Life Insurance Co Ltd

Bank Taiwan Life Insurance Co., Ltd

Allianz Taiwan Life Insurance Co. Ltd

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Laura Wood, Senior Manager
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Sector: Life Insurance
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