There are 27 life insurance companies, 23 general life insurance companies, and 3 reinsurance companies, including the insurance cooperative, in Taiwan.
The number of insurance companies is based on the number of business licenses issued. Of these:
- Chaoyang Life Insurance Co., Ltd., Global Life Insurance Co., Ltd., Singfor Life Insurance Co., Ltd., Kuo Hua Life insurance Co., Ltd, Huashan Non-life Insurance Co., Ltd., Kuo Hua Non-Life insurance Co., Ltd have halted operations and are undergoing liquidation.
- The National Mutual Life Association of Australasia Limited has ceased operations but its business license has not been handed in for cancellation.
- AXA Assurances I.A.R.D., Taiwan Branch and Asia Insurance Company Ltd., Taiwan Branch have no business but have not applied to cease operating and have not handed their business licenses in for cancellation.
Below gives the number of insurance companies and insurance premium income (Unit: firm; NT$ million):
(Source: Financial Outlook Monthly)
2022
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2022/06 | 3 | 17 | 6 | 23 | 4 | 21,405 | 195,661 |
2022/05 | 3 | 17 | 6 | 23 | 4 | 19,172 | 172,835 |
2022/04 | 3 | 17 | 6 | 23 | 4 | 18,376 | 156,234 |
2022/03 | 3 | 17 | 6 | 23 | 4 | 18,682 | 168,228 |
2022/02 | 3 | 17 | 6 | 23 | 4 | 14,505 | 143,576 |
2022/01 | 3 | 17 | 6 | 23 | 4 | 22,899 | 223,564 |
2021
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2021 | 3 | 17 | 6 | 23 | 4 | 206,729 | 2,648,484 |
2021/12 | 3 | 17 | 6 | 23 | 4 | 17,338 | 283,429 |
2021/11 | 3 | 17 | 6 | 23 | 4 | 17,533 | 212,612 |
2021/10 | 3 | 17 | 6 | 23 | 4 | 16,353 | 174,443 |
2021/9 | 3 | 17 | 6 | 23 | 4 | 16,163 | 195,351 |
2021/8 | 3 | 17 | 6 | 23 | 4 | 15,348 | 212,549 |
2021/7 | 3 | 17 | 6 | 23 | 4 | 19,269 | 209,452 |
2021/6 | 3 | 17 | 6 | 23 | 4 | 17,696 | 230,921 |
2021/5 | 3 | 17 | 6 | 23 | 4 | 17,312 | 205,597 |
2021/4 | 3 | 17 | 6 | 23 | 4 | 15,484 | 205,929 |
2021/3 | 3 | 17 | 6 | 23 | 4 | 16,888 | 274,789 |
2021/2 | 3 | 17 | 6 | 23 | 4 | 13,336 | 175,544 |
2021/1 | 3 | 17 | 6 | 23 | 4 | 21,110 | 267,867 |
2020
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2020 | 3 | 17 | 6 | 23 | 4 | 187,390 | 3,025,365 |
2020/12 | 3 | 17 | 6 | 23 | 4 | 16,942 | 331,513 |
2020/11 | 3 | 17 | 6 | 23 | 4 | 15,789 | 248,580 |
2020/10 | 3 | 17 | 6 | 23 | 4 | 14,484 | 194,684 |
2020/9 | 3 | 17 | 6 (Asia Insurance Company Ltd. Taiwan Branch) |
23 | 4 | 14,139 | 212,553 |
2020/8 | 3 | 17 | 7 | 23 | 4 | 13,665 | 225,545 |
2020/7 | 3 | 17 | 7 | 23 | 4 | 16,822 | 276,209 |
2020/6 | 3 | 17 | 7 | 23 | 4 | 17,676 | 283,450 |
2020/5 | 3 | 17 | 7 | 23 | 4 | 15,194 | 224,992 |
2020/4 | 3 | 17 | 7 | 23 | 4 | 14,656 | 244,611 |
2020/3 | 3 | 17 | 7 | 23 | 4 | 16,295 | 271,393 |
2020/2 | 3 | 17 | 7 | 23 | 4 | 13,087 | 215,753 |
2020/1 | 3 | 17 | 7 | 23 | 4 | 18,628 | 296,078 |
2019
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2019 | 3 | 17 | 7 | 23 | 4 | 176,371 | 3,285,461 |
2019/12 | 3 | 17 | 7 | 23 | 4 | 15,285 | 351,657 |
2019/11 | 3 | 17 | 7 | 23 | 4 | 14,277 | 251,884 |
2019/10 | 3 | 17 | 7 | 23 | 4 (Zurich Life) |
14,597 | 241,821 |
2019/9 | 3 | 17 | 7 | 23 | 5 | 13,100 | 218,070 |
2019/8 | 3 | 17 | 7 | 23 | 5 | 12,910 | 253,933 |
2019/7 | 3 | 17 | 7 | 23 | 5 | 15,958 | 289,643 |
2019/6 | 3 | 17 | 7 | 23 | 5 | 16,479 | 244,632 |
2019/5 | 3 | 17 | 7 | 23 | 5 | 15,458 | 259,764 |
2019/4 | 3 | 17 | 7 | 23 | 5 | 13,538 | 302,070 |
2019/3 | 3 | 17 | 7 | 23 | 5 | 14,774 | 295,890 |
2019/2 | 3 | 17 | 7 | 23 | 5 | 10,813 | 220,349 |
2019/1 | 3 | 17 | 7 | 23 | 5 | 19,182 | 355,217 |
2018
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2018 | 3 | 17 | 7 | 23 | 5 | 164,860 | 3,296,305 |
2018/12 | 3 | 17 | 7 | 23 | 5 | 14,105 | 338,014 |
2018/11 | 3 | 17 | 7 | 23 | 5 | 13,830 | 283,509 |
2018/10 | 3 | 17 | 7 | 23 | 5 | 13,172 | 266,417 |
2018/9 | 3 | 17 | 7 | 23 | 5 | 11,837 | 232,985 |
2018/8 | 3 | 17 | 7 | 23 | 5 | 12,636 | 277,883 |
2018/7 | 3 | 17 | 7 | 23 | 5 | 14,718 | 270,448 |
2018/6 | 3 | 17 | 7 | 23 | 5 | 15,905 | 264,866 |
2018/5 | 3 | 17 | 7 (Euler Hermes) |
23 | 5 | 14,115 | 269,310 |
2018/4 | 3 | 17 | 6 | 23 | 5 | 12,187 | 267,369 |
2018/3 | 3 | 17 | 6 | 23 | 5 | 14,603 | 294,789 |
2018/2 | 3 | 17 | 6 | 23 | 5 | 10,300 | 191,683 |
2018/1 | 3 | 17 | 6 | 23 | 5 | 17,450 | 339,033 |
2017
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2017 | 3 | 17 | 6 | 23 | 5 | 155,983 | 3,209,413 |
2017/12 | 3 | 17 | 6 | 23 | 5 | 13,419 | 338,402 |
2017/11 | 3 | 17 | 6 | 23 | 5 | 12,864 | 264,827 |
2017/10 | 3 | 17 | 6 | 23 | 5 | 11,642 | 233,744 |
2017/9 | 3 | 17 | 6 | 23 | 5 | 11,459 | 269,759 |
2017/8 | 3 | 17 | 6 | 23 | 5 | 11,932 | 272,077 |
2017/7 | 3 | 17 | 6 | 23 | 5 | 13,698 | 262,347 |
2017/6 | 3 | 17 | 6 | 23 | 5 | 15,266 | 280,634 |
2017/5 | 3 | 17 | 6 | 23 | 5 | 13,691 | 272,205 |
2017/4 | 3 | 17 | 6 | 23 | 5 | 12,092 | 222,093 |
2017/3 | 3 | 17 | 6 | 23 | 5 | 13,791 | 307,095 |
2017/2 | 3 | 17 | 6 | 23 | 5 | 10,029 | 196,268 |
2017/1 | 3 | 17 | 6 | 23 | 5 | 16,085 | 299,962 |
2016
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2016 | 3 | 17 | 6 | 23 | 5 | 145,178 | 3,050,186 |
2016/12 | 3 | 17 | 6 | 23 | 5 | 12,775 | 319,884 |
2016/11 | 3 | 17 | 6 | 23 | 5 | 11,743 | 260,097 |
2016/10 | 3 | 17 | 6 | 23 | 5 | 11,451 | 193,568 |
2016/9 | 3 | 17 | 6 | 23 | 5 | 10,623 | 245,967 |
2016/8 | 3 | 17 | 6 | 23 | 5 | 11,107 | 266,136 |
2016/7 | 3 | 17 | 6 | 23 | 5 | 13,155 | 254,396 |
2016/6 | 3 | 17 | 6 (AIG) |
23 | 5 | 13,759 | 266,220 |
2016/5 | 3 | 17 | 5 | 23 | 5 | 12,731 | 245,614 |
2016/4 | 3 | 17 | 5 | 23 | 5 | 11,385 | 258,508 |
2016/3 | 3 | 17 | 5 | 23 | 5 | 12,468 | 289,866 |
2016/2 | 3 | 17 | 5 | 23 | 5 | 9,163 | 183,869 |
2016/1 | 3 | 17 | 5 | 23 (CTBC Life) |
5 | 14,817 | 266,061 |
2015
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2015 | 3 | 17 | 5 | 24 | 5 | 135,375 | 2,746,018 |
2015/12 | 3 | 17 | 5 | 24 | 5 | 12,631 | 295,633 |
2015/11 | 3 | 17 | 5 | 24 | 5 | 10,604 | 217,861 |
2015/10 | 3 | 17 | 5 | 24 | 5 | 10,850 | 214,359 |
2015/9 | 3 | 17 | 5 | 24 | 5 | 10,371 | 266,376 |
2015/8 | 3 | 17 | 5 | 24 | 5 | 9,911 | 198,427 |
2015/7 | 3 | 17 | 5 | 24 | 5 | 12,418 | 235,037 |
2015/6 | 3 | 17 | 5 | 24 | 5 | 13,125 | 236,766 |
2015/5 | 3 | 17 | 5 | 24 | 5 | 11,458 | 218,867 |
2015/4 | 3 | 17 | 5 | 24 | 5 | 10,998 | 213,646 |
2015/3 | 3 | 17 | 5 | 24 | 5 | 11,431 | 239,551 |
2015/2 | 3 | 17 | 5 | 24 | 5 | 8,128 | 159,355 |
2015/1 | 3 | 17 | 5 | 24 | 5 | 13,450 | 250,139 |
2014
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2014 | 3 | 17 | 5 | 24 | 5 | 131,558 | 2,617,523 |
2014/12 | 3 | 17 | 5 | 24 | 5 | 11,869 | 286,876 |
2014/11 | 3 | 17 | 5 | 24 | 5 | 10,308 | 168,137 |
2014/10 | 3 | 17 | 5 | 24 | 5 | 10,411 | 189,930 |
2014/9 | 3 | 17 | 5 | 24 | 5 | 9,959 | 286,528 |
2014/8 | 3 | 17 | 5 | 24 | 5 | 9,668 | 181,807 |
2014/7 | 3 | 17 | 5 (Federal) |
24 | 5 | 12,023 | 231,645 |
2014/6 | 3 | 17 | 6 | 24 | 5 | 12,679 | 202,678 |
2014/5 | 3 | 17 | 6 | 24 | 5 | 11,364 | 195,894 |
2014/4 | 3 | 17 | 6 | 24 | 5 | 10,582 | 222,245 |
2014/3 | 3 | 17 | 6 | 24 | 5 | 11,643 | 216,702 |
2014/2 | 3 | 17 | 6 | 24 | 5 | 8,340 | 170,808 |
2014/1 | 3 | 17 | 6 | 24 (New York Life, Yuanta Life) |
5 (ManuLife) |
12,712 | 264,273 |
2013
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2013 | 3 | 17 | 6 | 24 | 6 | 124,226 | 2,444,304 |
2013/12 | 3 | 17 | 6 | 24 | 6 | 10,800 | 304,064 |
2013/11 | 3 | 17 | 6 | 24 | 6 | 9,595 | 200,054 |
2013/10 | 3 | 17 | 6 | 24 | 6 | 9,678 | 197,029 |
2013/9 | 3 | 17 | 6 | 24 | 6 | 8,762 | 185,857 |
2013/8 | 3 | 17 | 6 | 24 | 6 (HSBC Life) |
9,362 | 181,978 |
2013/7 | 3 | 17 | 6 | 24 | 7 | 11,345 | 223,446 |
2013/6 | 3 | 17 | 6 | 24 | 7 | 11,908 | 176,344 |
2013/5 | 3 | 17 | 6 | 24 | 7 | 10,984 | 200,683 |
2013/4 | 3 | 17 | 6 | 24 | 7 | 10,433 | 193,372 |
2013/3 | 3 | 17 | 6 | 24 | 7 | 10,796 | 189,516 |
2013/2 | 3 | 17 | 6 | 24 | 7 | 8,111 | 133,568 |
2013/1 | 3 | 17 | 6 | 24 | 7 | 12,452 | 258,393 |
2012
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2012 | 3 | 17 | 6 | 24 | 7 | 119,833 | 2,396,848 |
2012/12 | 3 | 17 | 6 | 24 | 7 | 10,197 | 220,962 |
2012/11 | 3 | 17 | 6 | 24 | 7 | 9,475 | 179,807 |
2012/10 | 3 | 17 | 6 | 24 | 7 | 9,499 | 174,704 |
2012/9 | 3 | 17 | 6 | 24 | 7 | 8,672 | 148,396 |
2012/8 | 3 | 17 | 6 | 24 | 7 | 9,392 | 176,762 |
2012/7 | 3 | 17 | 6 | 24 | 7 | 10,623 | 253,129 |
2012/6 | 3 | 17 | 6 | 24 | 7 | 11,955 | 219,436 |
2012/5 | 3 | 17 | 6 | 24 | 7 | 10,813 | 215,249 |
2012/4 | 3 | 17 | 6 | 24 | 7 | 9,095 | 178,048 |
2012/3 | 3 | 17 | 6 | 24 | 7 | 10,234 | 229,785 |
2012/2 | 3 | 17 | 6 | 24 | 7 | 8,792 | 177,609 |
2012/1 | 3 | 17 | 6 | 24 | 7 | 11,085 | 216,870 |
2011
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2011 | 3 | 17 | 6 | 24 | 7 | 112,045 | 2,092,084 |
2011/12 | 3 | 17 | 6 | 24 (Cigna) |
7 (Cigna) |
9,721 | 211,376 |
2011/11 | 3 | 17 | 6 | 23 (MetLife, CTBC Life) |
8 | 9,102 | 183,293 |
2011/10 | 3 | 17 | 6 | 23 | 8 | 8,578 | 157,285 |
2011/9 | 3 | 17 | 6 | 23 | 8 | 8,494 | 177,432 |
2011/8 | 3 | 17 | 6 | 23 | 8 | 8,430 | 182,856 |
2011/7 | 3 | 17 | 6 | 23 | 8 | 9,588 | 158,053 |
2011/6 | 3 | 17 | 6 | 23 | 8 | 10,391 | 174,068 |
2011/5 | 3 | 17 | 6 | 23 | 8 | 9,058 | 181,084 |
2011/4 | 3 | 17 | 6 | 23 | 8 | 9,423 | 145,921 |
2011/3 | 3 | 17 | 6 | 23 | 8 | 10,244 | 209,176 |
2011/2 | 3 | 17 | 6 | 23 | 8 | 7,789 | 133,533 |
2011/1 | 3 | 17 | 6 | 23 | 8 | 11,583 | 178,080 |
2010
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2010 | 3 | 17 | 6 | 23 | 8 | 105,138 | 2,306,342 |
2010/12 | 3 | 17 | 6 | 23 | 8 | 9,572 | 200,474 |
2010/11 | 3 | 17 | 6 | 23 | 8 | 8,578 | 185,248 |
2010/10 | 3 | 17 | 6 | 23 | 8 | 8,150 | 180,227 |
2010/9 | 3 | 17 | 6 | 23 | 8 | 8,222 | 196,794 |
2010/8 | 3 | 17 | 6 | 23 | 8 | 8,100 | 214,921 |
2010/7 | 3 | 17 | 6 | 23 | 8 | 8,878 | 189,483 |
2010/6 | 3 | 17 | 6 | 23 | 9 | 9,388 | 193,762 |
2010/5 | 3 | 17 | 6 | 23 | 9 | 8,749 | 184,416 |
2010/4 | 3 | 17 | 6 | 23 | 9 | 8,594 | 185.246 |
2010/3 | 3 | 17 | 6 | 23 (TBC Life) |
9 | 9,246 | 214,536 |
2010/2 | 3 | 17 | 6 | 22 | 9 | 7,464 | 144,824 |
2010/1 | 3 | 17 | 6 | 22 | 9 | 10,197 | 216,411 |
2009
Year / Month | Number of Insurance Companies (including the insurance cooperative) | Insurance Premium Income (not including the insurance cooperative) | |||||
Reinsurance | Non-Life Insurance | Life Insurance | Non-Life Insurance | Life Insurance | |||
Domestic | Foreign | Domestic | Foreign | ||||
2009 | 4 | 17 | 6 | 22 | 9 | 101,859 | 2,006,558 |