Report Warns: Health Insurance Losses Surge for Taiwan's Life Insurers

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Even so, the excess interest continues to be the main factor behind profit levels.

Taiwan The life insurance sector is anticipated to stay unpredictable in 2025 because of changes in the elements contributing to operating surpluses, as stated in a report by Taiwan Ratings Corp. (TRC), which is a part of S&P Global Ratings .

The main contributor to profit continues to be interest surplus, with mortality and loading surpluses being the subsequent key factors.

Nonetheless, escalating losses from health insurance policies are depleting the mortality surplus cushion, leading to greater fluctuations in profitability.

The report highlights that medical insurance loss experience is deteriorating faster than other health insurance products.

To address these issues, insurers might implement innovative policies featuring integrated risk-management features like capped claims payments, conditional renewal options, and fluctuating premium fees.

These steps might aid in slowing down the reduction of mortality surplus and maintaining stability in profits.

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