Taiwan

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

The Non-Life Insurance Association of the Republic of China
Web: www.nlia.org.tw

 

POPULATION, 2011-2014 (1)

Year Population
2011 23,071,779
2012 23,113,901
2013 23,299,716
2014 23,359,928

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $738.8
2010 693.3
2011 823.6
2012 885.3
2013 926.4

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $15,964
Life premiums 75,013
Total premiums $90,977
Percent of total world premiums 1.96%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

View Archived Tables

 

 

LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company TWD Mn USD Mn
Fubon  28,599.6 960.7
Cathay Century  17,077.3 573.6
Shin Kong  13,231.8 444.5
Mingtai  10,531.7 353.8
Tokio Marine Newa  9,602.2 322.5
South China  7,398.4 248.5
Union  7,368.8 247.5
Taian  6,999.1 235.1
Chung Kuo  6,979.8 234.5
First  6,063.8 203.7

Source: Axco Insurance Information Services.

View Archived Tables

 

 

LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company TWD Mn USD Mn
Cathay Life  561,353.1 18,951.8
Fubon Life  420,730.8 14,204.3
Nan Shan Life  370,905.9 12,522.1
Shin Kong Life  175,538.4 5,926.4
Chunghwa Post  157,982.2 5,333.6
China Life  125,319.3 4,230.9
Mass Mutual Mercuries  110,890.4 3,743.8
Taiwan Life  69,175.0 2,335.4
Bank Taiwan  56,697.8 1,914.2
Allianz Taiwan Life  51,271.3 1,731.0

Source: Axco Insurance Information Services.

View Archived Tables