The Taiwan Financial Services Commission published sales statistics for life insurers’ foreign-currency denominated products as of end-December 2024, showing premium revenue from new foreign-currency policies of around TWD 322.661bn, up 22% year-on-year from TWD 263.752bn. Investment-linked insurance products contributed TWD 49.814bn (around 15% of the total), down 20% from TWD 62.072bn year-on-year, while traditional insurance products totaled TWD 272.847bn (around 85% of the total), up 35% from TWD 201.680bn.
Taiwan Financial Services Commission 2025-02-25
Taiwan Financial Services Commission reports new foreign-currency life insurance premiums up 22% to TWD 322.661bn in 2024
The Taiwan Financial Services Commission reported that premium revenue from new foreign-currency denominated life insurance policies reached TWD 322.661 billion by end-December 2024, a 22% increase year-on-year. Investment-linked products contributed TWD 49.814 billion, a 20% decrease, while traditional products totaled TWD 272.847 billion, a 35% increase.