FSC issues "Criteria for One-Year Group Insurance Rates and Calculation Methods for Various Reserve Funds"
2021-06-29
To coordinate with implementation from 1 July 2021 of the "2021 Taiwan Standard Ordinary Experience Mortality Table" as the standard to be used by life insurers in calculating levy rates for various reserve funds, the FSC recently issued the "Criteria for OneYear Group Insurance Rates and Calculation Methods for Various Reserve Funds." To coordinate with its issuance of these Criteria, with respect to the pricing incidence rate for the anticipated risk that is factored into "premium rates" and “premium used for policy reserve calculation”, the FSC has revised provisions governing the experience mortality table.
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2022-03-21