Insurance Taiwan – Since its founding in 1985. Year of the Taiwanese Institute of Insurance () adopted a solid foundation for the internal insurance industry, which is a vital component of the financial system. Dedicated to fulfill its mission as a research tank for industry, has two accents: Insurance Insurance and Insurance Publishing. To achieve this, it is devoted to the creation of a platform to exchange information that helps improve the insurance market, public education, insurance and other financial topics and improve consumer protection. The introduction of special research, actuarial calculations and data analysis provides assistance to the industry in the development of development strategies and regulators in improving the efficiency of regulation, which provides strong state partnership. In addition, it also supports home players with the latest trends in studying insurance data from other countries and upbringing specialists and talents with a global perspective so that they update their professional knowledge and skills and promote the sustainable development of the industry.
Return 2024. In the year, the world insurance industry fought for the case with the problems of risks such as the global economy, the post-navigated post-naval. Under the influence of geopolitics, as well as interest rates and monetary policy conducted by central banks around the world, macroeconomic risks continue to influence the future of the world insurance industry. In addition, the loss of human life and property stems from global warming and extreme time caused by climate change, also has a significant impact on society and economy. As a result of the relationship between the climatic risks and the sustainability of human society, the topic of the problem in the global financial market, and the insurance industry, is obliged to play its share. Dedicated to the Principles of Sustainable Insurance (PSI), cooperates with the government and the insurance industry to promote Net-Nula transformation, sending funds to support sustainable development and innovation projects. As a result of the completion of the second “sustainable evaluation of finance” in 2024 and actively involved in sustainability projects, such as “pure zero working group”, seeks to deepen state partnerships and improve the ESG potential in the insurance sector. Finally, this will allow the sector to have a greater impact on the financial sector and strengthen its global visibility. Thus, the industry will develop a more sustainable financial ecosystem and move to global sustainability and pure zero emissions.
Insurance Taiwan
Last year, Taiwanese insurance was still sensitive to the COVID-19 pandemic. The US Federal Allied Reserve System is based on world inflation, life insurers see higher protection costs as they accept active foreign currency protection strategies to avoid overcrowding asset values. According to the insurance bureau, develop a new backup mode for forex assessment to reduce the cost of defense on forex and facilitate business pressure. Meanwhile, inflation and huge amounts that result from natural disasters start reinforcing costs, have a significant impact on insurers who do not live. Fortunately, the local insurance industry has long -term resistance and remains reliable. 2024. The year, as well as the life insurance industry and life insurance have published a significant increase in profits.
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To prepare local insurers for the adoption of MSFS17 and ICS2.0 2026. The year provides active support for the regulator in the implementation of these two modes. Thanks to the special workforce of the project, it is working on numerous projects to help local insurers improve them gradually and successfully adopt new modes.
As the main integration of MSFS17, IFRS17 proposes projects to change the relevant laws and rules and comply with further adaptations based on modes that are in the continuation of improvement insurers and check their progress compared to the default program. Since 2024. All insurers have passed a parallel test. The accounting team collects research and update updates on the latest global development of key issues related to IFS17, while other teams continue to organize curriculum and IFS17 programs. In order to ensure consistent tax streams after the MSFS17, the PAFS17 tax project for examination of laws and rules that regulate the lawsuit, pay taxes and analyze the possible impact. We worked with the inanimate and life insurers to spend budgets on influence on the factors and evaluated the sphere of their consequences before making recommendations to the tax authorities.
Last year, ICS2.0 accompanied the latest information published by IAIS on ICS2.0. In addition, it passed a three -year parallel test between 2022 and 2024, when we conducted trial calculations RBC according to ICS2.0 based on the information provided by the insurers. We provided the results of the regulator, as well as support in the development of transition and localization measures, which include ICS2.0.
Given the global nature of the insurance industry, it is devoted to expanding exchanges and cooperation with international institutions and organizations. By the end of 2024, they signed a memorandum on understanding (CU) with 11 international partnerships. The organization and participation in international conferences and forums are actively combined on the latest issues in the global insurance market and stronger Taiwins and interactions with international professional institutions and regulatory agencies. For example, the Eastern -Asian Insurance Forum of 2024. Mou Partners representatives participated in the NAIC Middle Inflammation, where speakers discussed topics such as healthcare and natural risks from natural disasters. Such events make it possible for local insurers to keep up with the latest trends in the world market and interact with the international community.
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When we strengthen the future development of the insurance industry and prepare for future problems in transitions according to MSFS17 and ICS2.0, such as significant changes, such as transformation of the product portfolio and better asset management and responsibilities. To support the insurers of the property, implement various studies that will help them solve the risks associated with increasingly natural disasters, terrorist attacks, pandemics and other disasters. It is expected that there will be progress and technology, Arturtech speeds up the optimization of services, such as automatic rewriting and insurance, which will allow the asset and accidents industry. As part of our efforts to support the financial supervision commission in converting the Asian Asia Management Center, investment of Fintech capabilities and allowing financial transformation (NHI) to study new financial strategies without increasing the premiums next year. Medical policy experts advise comprehensive reforms in the mechanism of health care financing, including adaptation to corrosion to supermarkets and contribution management benefits.
CEO of Taiwanese Health Reform (Thrf) Lin Y-Hu (林雅惠) emphasized Wednesday. She emphasized the need to resolve the void and the substantial economic activity of the data before moving into such a system. Lynn emphasized the importance of introducing an annual mechanism for re -loading for the inequalities of the mouth.
The Faculty of Taiwanese Health Director Hung Tzu (洪子仁) proposed optimization of the Curt system, expanding the category of court. He suggested that it was different from Betwwe and capital gains, recommending an additional fee from 2.11% to more than 5.17%. Hung also stands for enhancing the ceiling to calculate the supreme benefits, which they believe that people with greater capital growth are equally contributing to the same.
Experts unanimously recommend increasing the government’s contribution to the health insurance fund. Hung believes that they collect their own legal obligation from Curt 36% to 38% or 40%, which can make another three to five billion new dollars ($ 92-153) per year. This approach is a possible way to strengthen the financial resilience of the health insurance system without creating an additional border for a citizen. Taiwan initiates the world of the universal healthcare center that you are like a family with gold sponsors and your sponsorship family. To access low costs, high quality health anywhere in the country, just present a national health insurance card (“NHI”). (More about the system)
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If you have an employer in Taiwan, they will introduce you to the program. Be sure to provide your husband and children’s employer details.
If you do not have an employer and you live in Taiwan on a gold map in a consistent six -month period (or leave only once, less than 30 days), you can log directly on your NHI card in local medical care. The process is the same for any Taiwan resident.
Usually it will take 1 to 2 weeks to get your NHI card by mail (so make sure your registered address has been updated) or you can personally select the selection card. You will receive a temporary insurance certificate that can be used in the meantime until you get the NHI card.
In Taipei,