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Sales of spillover-effect insurance products and provision of in-kind benefits by life insurers in 2022 through Q4

As of the fourth 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 159 spillover- effect insurance products from 11 life insurance companies. In total, 1,228,524 new contracts for such products have been sold as of the fourth quarter of 2022, up by 84% from 668,166 compared to the fourth quarter of 2021. The first-year premium income was NT$15,560.00 million, up by 43% from NT$10,916.40million compared to the fourth quarter of 2021.
2.    The FSC has approved or accepted registrations of 38 in-kind payment insurance products from 6 life insurance companies. In total, 219,820 new contracts for such products have been sold as of the fourth quarter of 2022, up by 543% from 34,194 compared to the fourth quarter of 2021. The first-year premium income was NT$3,228.48 million, up by 415% from NT$626.81 million compared to the fourth quarter of 2021.
Visitor: 1429   Update: 2023-01-19
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