Best’s Market Segment Report: AM Best Maintains Stable Outlook On Taiwan’s Non-Life Insurance Segment

HONG KONG, Sept 3 (Bernama) -- AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment amid implementation of Taiwan Insurance Solvency (TIS) and IFRS 17, as well as consistent premium expansion across retail and commercial lines.

Also underpinning the stable outlook, as detailed in the Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, are non-life insurers’ conservative asset allocation and moderate equity exposure that should help protect their overall profitability in the event domestic stock market volatility impacts the segment’s investment results.