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Taiwan | Life Insurance


Currently there are 22 life insurance companies in Taiwan, including 19 domestic and 3 foreign. The latest information is subject to the website of the Life Insurance Association. The source of premium income statistics is IB – Insurance Public Information website.

  • China Life was renamed as KGI life on 1 January 2024
  • Cigna Group sold its business across Asia Pacific to Chubb in 2021, and the transaction was completed in July 2022. Chubb Life Taiwan Branch was merged to Cigna Taiwan.
  • Taishin Financial Holdings acquired Prudential Life Taiwan in August 2020 for NT$8.5 billion, and the transaction was completed in June 2021. The company was renamed as Taishin Life.
  • Yuanta Financial Holdings acquired New York Life Taiwan in June 2013 for NT$0.1 billion, and the transaction was completed in January 2014. The company was renamed as Yuanta Life.
  • Chinatrust Financial Holdings acquired MetLife Taiwan in March 2011 for NT$5.3 billion ($0.18 billion)
  • AIG sold Nanshan Life to Ruen Chen Investment Holding Co. for NT$62.8 billion ($2.16 billion)
  • AEGON Taiwan was sold to Zhongwei Co. in April 2009 for NT$3 billion (€65 million)
  • Fubon Financial Group acquired ING Life Taiwan in October 2008 for NT$19.5 billion ($0.6 billion)
CompanySolvency (2022-2023)Solvency (2019-2021)Premium Income (2022-2023)Premium Income (2016-2021)Premium Income (2009-2015)
Life Insurance Companies – Domestic Companies

Company Name Date of Establishment Chairman / Director General Manager Address Telephone Actuarial Software
Bank Taiwan Life Insurance Co., Ltd. March, 1941 Chih-Hung Chang Chi-Sheng Liu 6th Fl. 69 Tun Hua S. Rd. Sec.2, Taipei 02-27849151 Fax: 02-27052214 MG-ALFA (~2020)
Prophet (2020~)
Taiwan Life Insurance Co., Ltd. December, 1947 Tai-Keh Cheng Tony Chuang 8th Fl. 188 Jingmao 2nd Rd., Nangang Dist., Taipei 02-81709888 Fax: 02-27858300 Prophet
PCA Life Assurance Co., Ltd. May, 1962 Tim Lau Laura Wang 8th Fl. 1 Songzhi Rd, Taipei 02-87869955 Fax: 02-27293131 Prophet
Cathay Life Insurance Co., Ltd. August, 1962 Ming-Ho Hsiung Shan-Chi Liu 296 Jen Ai Rd. Sec. 4, Taipei/td>

02-27551399 Fax: 02-27551222 Prophet
KGI Life Insurance Co., Ltd. April, 1963 Su-Kuo Huang Stephanie Hwang 3-7th Fl. 135 Tun Hua N. Rd., Taipei 02-27196678 Fax: 02-27125966 Prophet
Nan Shan Life Insurance Co., Ltd. July, 1963 Chung-Yao Yin Alden Fan 168 Zhuangjing Road, Xinyi District, Taipei 02-87588888 Fax: 02-87867087 Prophet
Shin Kong Life Insurance Co., Ltd. July, 1963 Mark Wei Min-Yi Huang 37th Fl. 66 Chung Hsiao W. Rd. Sec. 1, Taipei 02-23895858 Fax: 02-23758688 Prophet
Fubon Life Assurance Co., Ltd. June, 1993 Howard Lin Shr-Iue Chen 14th Fl. 108 Tun Hua S. Rd. Sec. 1, Taipei 02-87716699 Fax: 02-87715522 R³S
MassMutual Mercuries Life Insurance Co., Ltd. June, 1993 Chau-Sh Wong Hung-Sheng Chen 1st Fl. 58 Shih Tang Rd., Taipei 02-23455511 Fax: 02-23456616 MoSes
Far Glory Life Insurance Co., Ltd. November, 1993 Roy Meng Alex Chao 28th Fl. 1 Songgao RD., Xinyi Dist., Taipei 02-27583099 Fax: 02-23451635 Prophet
Hontai Life Insurance Co., Ltd. July, 1994 Chi-Hsien Lee Tom Tang 4th Fl. 156 Minsheng E. Rd. Sec. 3, Taipei 02-27166888 Fax: 02-27166887 Prophet
Allianz Taiwan Life Insurance Co., Ltd March, 1995 Rui Zheng Danny Lam 5th Fl. 100 Hsin Yi Rd. Sec. 5, Taipei 02-87895858 Fax: 02-87895008 MoSes
Chunghwa Post Co., Ltd.  Life Insurance Dipt. July, 2003 Hong-Mo Wu Jui-Tang Chiang
Director Dept. Of  Life Insurance: Yong-Han Jian		 3rd Fl. 126 Ai-Kuo E. Rd., Taipei 02-23931261 Fax: 02-23211481 MG-ALFA (~2022)
Prophet (2022~)
Taishin Life Insurance September, 1989 Barry Tsai Louis Heng 10th Fl. 161 Nanking E. Rd. Sec. 5, Taipei 02-27678866 Fax: 02-27679299 Prophet
Trans Globe Life Insurance (Taiwan) Inc. August, 1992 Diana Lin Jason Ma 16th Fl. 288 Civic Blvd. Sec. 6, Taipei 02-66399999 Fax: 02-66396666 Prophet
Yuanta Life Insurance Co. Ltd. September, 1991 Chao-Kuo Chiang Harriet Yuan 17th Fl. 156, Ming sheng E. Rd. Sec.3, Taipei 02-27517578 Fax: 02-27517579 Prophet
First Life Insurance. Co., Ltd December, 2007 Winston Yang Robin Lin 13th Fl. 456 Hsin Yi Rd. Sec. 4, Taipei 02-87581000 Fax: 02-87587789 Prophet
BNP Paribas Cardif TCB Life Insurance Co., Ltd. April, 2010 Hsi-Chang Hsu Alfred Na 10th Fl. 325 Chung Hsiao E. Rd. Sec. 4, Taipei 02-27726772 Fax: 02-27728772 Prophet
Chubb Life Insurance Taiwan Compan January 2012 Li-Min Chu Jack Chang 6th Fl. 39 Chung Hua Rd. Sec. 1, Taipei 02-66231688 Fax: 02-66302016 Prophet

Life Insurance Companies – Foreign Companies Taiwan Branch

Company Name Date of Establishment General Manager Address Telephone Actuarial Software
American International Assurance Company (Bermuda) Limited, Taiwan Branch November, 1990 Vincent Hou 17th Fl. 333 Tun Hua S. Rd. Sec. 2, Taipei 02-27352838 Fax: 02-27359238 Prophet
Cardif Assurance Vie, Taiwan Branch October, 1997 Joseph Day 79th Fl. 7 Hsin Yi Rd. Sec. 5, Taipei 02-66363456 Fax: 02-66363457 Prophet
Company Capital Adequacy Ratio (%) Equity Ratio (%)
2023/12 2023/06 2022/12 2022/06 2023/12 2023/06 2022/12 2022/06
Bank Taiwan 298 312 282 307 5.85 5.34 3.45 4.15
Taiwan 305 289 275 312 6.93 6.14 4.72 4.60
PCA 315 331 458 545 7.09 6.78 6.26 3.99
Cathay 323 312 316 337 8.38 7.64 6.52 4.64
KGI 340 300 380 331 6.47 5.88 4.75 4.03
Nan Shan 280 286 292 318 6.66 6.29 5.55 1.72
Shin Kong 176 184 214 238 4.47 4.34 3.94 3.85
Fubon 336 317 315 349 9.90 8.99 5.67 6.53
MassMutual Mercuries 111 140 156 190 2.97 2.84 2.19 2.00
Far Glory 317 325 322 322 5.53 5.25 4.53 5.10
Hontai 215 146 205 228 3.20 2.42 1.13 1.64
Allianz Taiwan 780 577 721 761 11.33 3.71 2.08 4.69
Chunghwa Post 256 290 324 264 5.62 5.34 5.13 3.70
Taishin 353 339 371 410 7.84 7.64 6.77 7.08
Trans Globe 278 317 366 427 4.51 3.83 3.54 4.25
Yuanta 469 498 503 518 7.30 7.09 5.94 6.41
First 471 488 609 614 6.78 6.25 2.50 4.22
BNP Paribas Cardif TCB 1,576 1,563 1,403 1,301 27.38 26.38 27.07 26.86
Chubb Taiwan 662 545 432 352 29.41 28.20 27.67 16.86
Cigna Taiwan – – – 733 – – – 18.51
AIA Taiwan 530 563 649 660 6.22 6.03 5.73 5.79
Cardif Taiwan 2291 2176 1380 976 32.79 30.85 26.45 26.06
Company Capital Adequacy Ratio (%) Equity Ratio (%)
2021/12 2021/06 2020/12 2020/06 2019/12 2021/12 2021/06 2020/12 2020/06 2019/12
Bank Taiwan 288 297 176 212 223 5.53 5.75 3.40 3.90 4.28
Taiwan 342 366 309 293 298 8.24 7.83 7.18 5.89 6.33
PCA 339 307 316 435 324 9.56 11.82 14.60 15.77 12.53
Cathay 371 371 360 347 346 10.46 10.58 10.64 9.56 9.57
China 325 306 288 276 305 8.03 7.91 8.41 7.03 7.42
Nan Shan 327 295 260 256 274 10.09 9.72 10.24 8.59 7.93
Shin Kong 230 221 213 211 221 5.36 4.93 4.96 5.03 3.90
Fubon 338 333 299 268 281 12.23 12.02 10.06 7.81 8.07
MassMutual Mercuries 204 210 205 211 218 3.28 3.55 3.44 3.44 3.46
Far Glory 311 290 278 257 269 6.49 6.54 6.29 5.12 4.82
Hontai 259 232 164 207 239 3.62 3.38 2.78 1.88 3.10
Allianz Taiwan 732 842 775 707 646 19.82 21.71 24.55 23.44 22.55
Chunghwa Post 333 307 291 212 215 5.73 4.84 4.45 3.47 3.68
Taishin 317 320 269 287 302 6.46 6.56 5.70 5.36 5.72
Trans Globe 366 388 353 359 372 6.57 6.62 6.41 5.38 5.44
Yuanta 561 445 597 469 300 8.13 8.26 8.71 9.31 4.67
First 377 394 326 368 344 8.05 8.49 7.81 8.08 7.91
BNP Paribas Cardif TCB 1,503 1,784 1,618 1,592 1,148 31.06 29.55 28.60 25.28 20.87
Chubb Taiwan 310 300 336 352 355 18.39 15.36 15.10 16.10 15.56
Cigna Taiwan 727 721 718 988 1,017 24.89 28.44 31.20 34.05 32.06
AIA Taiwan 564 507 439 311 363 7.33 7.75 7.43 6.00 7.13
Cardif Taiwan 1,094 1,348 1,223 1,094 769 20.62 33.82 31.53 31.87 27.56
No. Company 2023 Market Share Premium Income (TWD)
2023 2022
1 Cathay 21.28% 465,602,549,216 480,430,022,687
2 Fubon 14.79% 323,681,459,780 346,170,905,188
3 Nan Shan 12.35% 270,121,913,875 295,115,994,511
4 Shin Kong 7.66% 167,512,680,650 189,462,574,252
5 KGI 7.29% 159,552,814,875 179,337,551,949
6 Taiwan 6.21% 135,766,491,303 137,954,683,905
7 MassMutual Mercuries 5.19% 113,616,983,768 114,929,931,419
8 Trans Globe 4.11% 89,985,704,968 89,751,315,074
9 Chunghwa Post 3.67% 80,237,025,129 84,045,343,225
10 Allianz Taiwan 3.27% 71,553,222,941 74,338,739,393
11 PCA 2.88% 63,025,443,281 43,233,082,438
12 Far Glory 2.52% 55,097,344,734 57,176,743,310
13 Chubb Taiwan 0.46% 41,802,246,033 52,805,226,508
14 Yuanta 1.61% 35,259,544,691 48,768,485,550
15 Taishin 1.33% 29,192,955,062 28,535,129,083
16 Cardif Taiwan 0.83% 18,239,242,898 38,258,358,762
17 AIA Taiwan 0.81% 16,431,821,172 14,847,629,087
18 Hontai 0.70% 15,729,605,504 15,465,173,603
19 Bank Taiwan 0.63% 13,847,956,448 17,709,820,534
20 First 0.58% 12,780,396,649 16,369,493,312
21 BNP Paribas Cardif TCB 0.41% 8,910,005,293 9,682,721,110
No. Company 2021 Market Share Premium Income (TWD)
2021 2020 2019 2018 2017 2016
1 Cathay 21.74% 645,960,574,223 666,082,336,062 674,146,709,589 680,682,334,254 768,337,954,174 669,924,085,517
2 Fubon 15.16% 450,503,907,348 546,334,787,952 596,197,999,438 542,968,084,521 515,441,654,363 493,621,503,124
3 Nan Shan 12.10% 359,379,564,085 389,277,535,224 464,279,755,322 501,109,807,197 520,537,732,923 505,908,569,861
4 Shin Kong 8.06% 239,586,290,592 298,944,771,718 318,178,562,194 307,056,000,741 280,976,160,052 264,380,743,940
5 China 7.54% 224,012,639,531 257,560,228,016 279,910,113,443 301,831,959,490 206,439,794,425 191,139,212,558
6 Taiwan 7.13% 206,172,622,683 208,897,036,949 232,315,391,862 295,670,727,166 288,344,655,763 252,421,345,183
7 MassMutual Mercuries 4.40% 130,688,502,954 133,530,947,589 148,522,804,419 156,686,367,959 153,709,519,083 142,012,273,937
8 Chunghwa Post 3.34% 99,178,458,554 118,502,415,175 127,794,006,153 133,671,584,666 143,778,905,358 146,160,501,097
9 Trans Globe 3.09% 91,841,120,774 93,300,513,452 100,972,473,521 96,572,617,607 100,336,033,553 95,998,851,502
10 Allianz Taiwan 2.89% 85,960,097,212 74,323,685,834 72,918,973,697 98,120,558,592 82,427,550,954 54,797,813,576
11 Far Glory 2.40% 71,283,724,940 78,140,628,499 82,792,096,018 63,562,993,507 61,178,988,028 61,640,618,444
12 Yuanta 2.30% 68,413,975,406 49,987,976,462 50,789,117,045 42,311,618,465 38,415,146,156 35,204,934,490
13 Cardif Taiwan 2.27% 67,499,169,762 44,433,672,331 82,080,650,551 76,677,807,670 68,033,579,842 48,031,471,437
14 Chubb Taiwan 1.94% 57,718,628,385 33,476,883,344 29,372,943,477 29,489,401,163 29,873,195,647 17,130,099,211
15 PCA 1.24% 36,702,743,428 36,094,056,231 46,565,475,278 38,652,514,157 27,031,180,258 24,295,195,141
16 Bank Taiwan 1.16% 36,807,334,073 46,539,647,907 53,731,416,925 46,059,768,901 42,555,917,608 41,130,171,617
17 Taishin 0.73% 21,577,231,885 15,789,188,645 16,793,482,999 15,520,742,893 15,856,207,968 16,442,050,777
18 BNP Paribas Cardif TCB 0.63% 18,707,058,983 13,387,728,769 27,117,307,939 23,091,221,833 23,865,344,541 23,621,804,402
19 Hontai 0.57% 17,067,089,080 19,553,642,623 23,746,409,243 24,353,217,593 21,310,091,860 19,590,428,503
20 First 0.56% 16,620,932,351 16,026,721,219 17,047,457,539 18,333,073,921 11,684,043,914 7,234,906,444
21 AIA Taiwan 0.50% 13,133,819,119 12,161,426,015 9,840,705,326 8,290,527,469 8,007,762,614 7,478,136,406
22 Cigna Taiwan 0.46% 11,114,028,017 10,357,347,126 9,601,417,440 9,077,155,155 8,824,635,880 8,720,806,840
No. Company Premium Income (TWD)
2015 2014 2013 2012 2011 2010 2009
1 Cathay 645,191,583,396 636,171,227,134 548,033,921,632 561,352,855,940 515,707,627,729 561,391,200,998 489,840,712,573
2 Fubon 474,416,541,422 425,035,401,787 420,083,139,409 420,730,777,543 368,207,543,606 438,212,847,444 325,209,121,270
3 Nan Shan 442,629,911,314 392,325,966,918 385,346,834,542 370,905,877,009 230,736,851,861 215,499,373,946 205,894,448,048
4 Shin Kong 227,786,377,950 210,210,761,612 170,426,050,563 175,538,444,610 178,560,622,358 190,928,770,542 176,925,866,908
5 China 162,158,398,385 154,454,878,560 177,245,911,331 125,319,277,013 144,788,562,872 120,278,298,694 98,751,205,726
6 Taiwan 55,273,476,976 68,391,506,988 57,012,100,315 69,175,010,954 51,276,936,539 46,785,865,381 40,018,078,970
7 MassMutual Mercuries 137,269,820,534 132,592,659,478 130,468,745,205 110,890,387,535 95,035,449,983 88,166,037,391 86,252,487,521
8 Chunghwa Post 150,853,789,177 148,766,869,744 157,086,037,277 157,982,167,834 162,504,438,239 165,969,754,115 148,108,605,212
9 Trans Globe 78,467,630,962 75,690,186,200 62,478,626,665 27,930,863,174 21,979,643,056 27,357,152,243 27,067,690,546
10 Allianz Taiwan 94,807,688,062 81,602,206,518 68,657,619,154 51,271,326,966 53,724,084,806 90,997,703,912 82,591,710,346
11 Far Glory 42,163,727,156 37,220,328,193 36,339,975,180 36,891,041,624 62,606,643,472 50,937,999,732 49,539,022,232
12 Yuanta 30,992,679,840 14,396,620,732 11,024,076,708 11,391,647,799 11,899,681,337 11,615,723,581 11,988,388,595
13 Cardif Taiwan 70,462,494,063 68,065,537,695 52,294,283,940 47,461,054,415 36,748,587,821 41,537,760,506 29,748,771,149
14 Chubb Taiwan 15,862,180,387 17,739,928,985 13,727,799,320 9,738,504,654 7,634,622,409 6,595,162,392 12,196,018,197
15 PCA 23,471,851,174 25,373,644,819 26,397,113,417 27,463,797,305 26,522,613,454 20,459,148,936 31,260,531,852
16 Bank Taiwan 31,417,357,709 34,987,419,517 48,016,933,097 56,697,836,917 50,892,260,982 56,100,812,574 43,498,303,340
17 Taishin 14,710,723,315 14,264,211,106 13,520,946,128 12,912,282,643 11,986,934,760 11,946,755,831 10,482,234,360
18 BNP Paribas Cardif TCB 31,521,529,055 34,229,005,265 36,920,173,584 40,668,286,773 33,575,435,934 40,455,773,205
19 Hontai 18,449,097,353 19,953,940,784 21,186,824,305 22,662,726,780 34,169,238,876 33,368,260,501 29,200,279,574
20 First 11,819,550,617 13,436,308,512 9,301,281,668 6,381,084,073 4,787,958,528 5,855,501,130 4,474,860,689
21 AIA Taiwan 7,221,435,327 7,006,020,277 6,081,612,730 5,894,393,112 4,269,999,673 4,269,999,673 5,017,238,020
22 Cigna Taiwan 8,470,212,451 8,026,516,784 7,647,402,747 7,346,982,636 6,928,755,817 6,253,737,575 5,405,774,017