HONG KONG, June 16 (Bernama-BUSINESS WIRE) — Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5% to reach TWD 278.5 billion (USD 9.2 billion), according to a new AM Best report.
The Best’s Market Segment Report, “Taiwan Non-Life Segment’s Operating Performance Supported by Tighter Underwriting Guidelines,” also notes that this segment’s overall capital & surplus level has continued to improve and crossed the TWD 150 billion mark last year.