The Taiwan Financial Services Commission published first-quarter 2026 supervisory data on life insurance companies' sales of spillover-effect insurance products and in-kind payment insurance products. Spillover-effect products recorded strong year-on-year growth in both new contracts and first-year premium income, while in-kind payment products declined on both measures. The commission has approved or accepted registrations for 316 spillover-effect insurance products from 15 life insurance companies. These products generated 363,831 new contracts as of the first quarter of 2026, up 44% from 253,136 in the first quarter of 2025, and first-year premium income of TWD 24,315.10 million, up 119% from TWD 11,091.03 million. For in-kind payment insurance, 52 products from seven life insurance companies have been approved or accepted for registration. New contracts totaled 114,963, down 7% from 123,515 a year earlier, while first-year premium income fell 56% to TWD 127.84 million from TWD 290.85 million.
Taiwan Financial Services Commission 2026-05-05
Taiwan Financial Services Commission reports first quarter 2026 spillover-effect insurance contracts up 44% and in-kind payment insurance contracts down 7%
The Taiwan Financial Services Commission published first-quarter 2026 supervisory data on life insurers’ sales of spillover-effect and in-kind payment insurance products, showing divergent trends. Spillover-effect products expanded strongly, with new contracts up 44% year-on-year to 363,831 and first-year premium income up 119% to TWD 24,315.10 million, while in-kind payment products saw a 7% decline in new contracts to 114,963 and a 56% drop in first-year premium income to TWD 127.84 million.