HONG KONG,, Oct 31 (Bernama-BUSINESS WIRE) — AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.
Also underpinning the stable outlook, as detailed in the Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, are insurers’ healthy operating profitability in 2024 and regulatory initiatives that support improvements in underwriting strategies.