Taiwan Insurance Report - Business Monitor International - Industry Reports

Taiwan Insurance Report

Taiwan Insurance Report - Business Monitor International - Industry Reports
Taiwan Insurance Report
Published Oct 22, 2016
68 pages — Published Oct 22, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: We forecast further expansion in Taiwan s broad and well-developed insurance market over the next few years as rising household incomes and life expectancies continue to drive demand for life insurance and other lines. In the non-life market we see the health insurance sector continuing to grow at a fast pace, owing in large part to government efforts to promote investment in private health insurance. ...BMI View: We forecast further expansion in Taiwan s broad and well-developed insurance market over the next few years as rising household incomes and life expectancies continue to drive demand for life insurance and other lines. In the non-life market we see the health insurance sector continuing to grow at a fast pace, owing in large part to government efforts to promote investment in private health insurance. This trajectory should provide significant opportunities for investors and we note an increase in merger and acquisition activity in recent months. However, we also caution that a slowing Chinese economy poses a long-term threat to demand across the industry.

...The swiftly ageing population represents a strong growth opportunity, particularly in the development of new savings and retirement products. However, companies will also need to mitigate the effects of a subsequent rise in long-term claims volumes. ...The swiftly ageing population represents a strong growth opportunity, particularly in the development of new savings and retirement products. However, companies will also need to mitigate the effects of a subsequent rise in long-term claims volumes. GDP growth and product diversification will drive growth, as will the favourable regulatory climate. ...GDP growth and product diversification will drive growth, as will the favourable regulatory climate. Moreover, the sheer size of the market and stability, relative to neighbouring regional markets, will help Taiwan maintain its status as one of the most attractive investment markets in Asia, though others may possess more absolute growth potential.

...In September ----, leading indigenous life insurer Nan Shan Life finalised the acquisition of the small and medium enterprise general insurance business of US insurance group American International Group (AIG) for a reported USD---mn. The new entity will be named Nan Shan General Insurance and will be entirely owned by Nan Shan Life. ...

  
Source:
Document ID
1750-578X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Taiwan Insurance Report" Oct 22, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Taiwan-Insurance-Report-2026-567>
  
APA:
Business Monitor International - Industry Reports. (2016). Taiwan Insurance Report Oct 22, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Taiwan-Insurance-Report-2026-567>
  
US$ 1,295.00
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