The Taiwan Financial Services Commission published sales statistics for foreign-currency denominated life insurance products as of end-October 2024, showing new policy premium revenues of around TWD 239.814 billion, up 6% year on year. Investment-linked products contributed around TWD 38.424 billion (about 16% of the total), down 34% from TWD 58.354 billion, while traditional insurance products totaled around TWD 201.390 billion (about 84%), up 21% from TWD 166.982 billion.
Taiwan Financial Services Commission 2025-01-02
Taiwan Financial Services Commission reports end-October 2024 life insurers’ foreign-currency product sales up 6% to around TWD 239.814 billion
The Taiwan Financial Services Commission reported that foreign-currency denominated life insurance products generated new policy premium revenues of approximately TWD 239.814 billion as of end-October 2024, marking a 6% year-on-year increase. Investment-linked products contributed TWD 38.424 billion, a 34% decrease, while traditional insurance products rose 21% to TWD 201.390 billion.