The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries.
Tertiary Industry > Insurance Industry
With Taiwan's economy having yet to stage a strong recovery and conditions for the environment of domestic insurance industry still difficult, both life and non-life insurance firms still managed to maintain growth in their overall premium incomes. However, after the regulatory agency initiated differentiated management and adopted the policy forcing insurance firms with poor performance to exit the market, the discriminatory treatments for companies with good and poor performances will become increasingly evident in the future.
