In 2022, the penetration rate of life insurance in Taiwan was over 10 percent and the penetration rate of non-life insurance was under one percent. Thereby, life insurance revenue accounted for over 95 percent of the industry's premium income. In contrast, the industry's premium income reached over 2.5 trillion New Taiwan dollars.
Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022
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Financial Supervisory Commission (Taiwan). (November 21, 2023). Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/
Financial Supervisory Commission (Taiwan). "Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022." Chart. November 21, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/
Financial Supervisory Commission (Taiwan). (2023). Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/
Financial Supervisory Commission (Taiwan). "Penetration Rate of Life and Non-life Insurance Companies in Taiwan from 2016 to 2022." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/
Financial Supervisory Commission (Taiwan), Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022 Statista, https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/ (last visited December 22, 2024)
Penetration rate of life and non-life insurance companies in Taiwan from 2016 to 2022 [Graph], Financial Supervisory Commission (Taiwan), November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1351019/taiwan-penetration-of-insurance-companies-by-type/
