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Sales of spillover-effect insurance products and provision of in-kind benefits by life insurers in 2022 through Q2

As of the second quarter of 2022, 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 125 spillover- effect insurance products from 9 life insurance companies. In total, 577,586 new contracts for such products have been sold as of the second quarter of 2022, up by 78% from 323,950 compared to the second quarter of 2021. The first-year premium income was NT$6,857.96 million, up by 128% from NT$3008.52 million compared to the second quarter of 2021.
2.    The FSC has approved or accepted registrations of 36 in-kind payment insurance products from 6 life insurance companies. In total, 95,166 new contracts for such products have been sold as of the second quarter of 2022, up by 1,718% from 5,234 compared to the second quarter of 2021. The first-year premium income was NT$1437.76 million, up by 4,229% from NT$33.21 million compared to the second quarter of 2021.
Visitor: 486   Update: 2022-07-26
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