Sales of spillover-effect insurance products and provision of in-kind benefits by life insurers in 2023 through Q4
2024-02-01
As of the fourth quarter of 2023, the performance of life insurers in selling spillover-effect insurance products and providing in-kind benefits was as follows:
1. The FSC has approved or accepted registrations of 206 spillover-effect insurance products from 13 life insurance companies. In total, 1,129,046 new contracts for such products have been sold as of the fourth quarter of 2023, down by 8% from 1,228,524 compared to the fourth quarter of 2022. The first-year premium income was NT$20,748.19 million, up by 33% from NT$15,560.00 million compared to the fourth quarter of 2022.
2. The FSC has approved or accepted registrations of 44 in-kind payment insurance products from 6 life insurance companies. In total, 281,200 new contracts for such products have been sold as of the fourth quarter of 2023, up by 28% from 219,820 compared to the fourth quarter of 2022. The first-year premium income was NT$3,583.87 million, up by 11% from NT$3,228.48 million compared to the fourth quarter of 2022.
1. The FSC has approved or accepted registrations of 206 spillover-effect insurance products from 13 life insurance companies. In total, 1,129,046 new contracts for such products have been sold as of the fourth quarter of 2023, down by 8% from 1,228,524 compared to the fourth quarter of 2022. The first-year premium income was NT$20,748.19 million, up by 33% from NT$15,560.00 million compared to the fourth quarter of 2022.
2. The FSC has approved or accepted registrations of 44 in-kind payment insurance products from 6 life insurance companies. In total, 281,200 new contracts for such products have been sold as of the fourth quarter of 2023, up by 28% from 219,820 compared to the fourth quarter of 2022. The first-year premium income was NT$3,583.87 million, up by 11% from NT$3,228.48 million compared to the fourth quarter of 2022.
Visitor:
1090
Update:
2024-02-01