Taiwan Life Insurance Market to 2027
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Taiwan Life Insurance Market to 2027
Summary
Life Insurance in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Life Insurance in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market is segmented into Life Insurance and Pension/Annuity.
- The Taiwanese life insurance market had total gross written premiums of $62.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $53.3 billion, equivalent to 85% of the market's overall value.
- Life insurance coverage in the Taiwanese population is relatively high. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in Taiwan was 13.3%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Taiwan
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Taiwan life insurance market with five year forecasts by both value and volume
- What was the size of the Taiwan life insurance market by value in 2022?
- What will be the size of the Taiwan life insurance market in 2027?
- What factors are affecting the strength of competition in the Taiwan life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Taiwan's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 COMPANY PROFILES
8.1. Cathay Life Insurance Co Ltd
8.2. Fubon Insurance Co Ltd
8.3. Shinkong Insurance Co Ltd
8.4. Nan Shan Life Insurance Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 COMPANY PROFILES
8.1. Cathay Life Insurance Co Ltd
8.2. Fubon Insurance Co Ltd
8.3. Shinkong Insurance Co Ltd
8.4. Nan Shan Life Insurance Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Taiwan life insurance market value: $ billion, 2017–22
Table 2: Taiwan life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Taiwan life insurance market category segmentation: $ billion, 2017-2022
Table 4: Taiwan life insurance market geography segmentation: $ billion, 2022
Table 5: Taiwan life insurance market value forecast: $ billion, 2022–27
Table 6: Taiwan life insurance market share: % share, by value, 2022
Table 7: Cathay Life Insurance Co Ltd: key facts
Table 8: Cathay Life Insurance Co Ltd: Key Employees
Table 9: Fubon Insurance Co Ltd: key facts
Table 10: Fubon Insurance Co Ltd: Key Employees
Table 11: Shinkong Insurance Co Ltd: key facts
Table 12: Shinkong Insurance Co Ltd: Annual Financial Ratios
Table 13: Shinkong Insurance Co Ltd: Key Employees
Table 14: Nan Shan Life Insurance Co Ltd: key facts
Table 15: Nan Shan Life Insurance Co Ltd: Key Employees
Table 16: Taiwan size of population (million), 2018–22
Table 17: Taiwan gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Taiwan gdp (current prices, $ billion), 2018–22
Table 19: Taiwan inflation, 2018–22
Table 20: Taiwan consumer price index (absolute), 2018–22
Table 21: Taiwan exchange rate, 2018–22
Table 1: Taiwan life insurance market value: $ billion, 2017–22
Table 2: Taiwan life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Taiwan life insurance market category segmentation: $ billion, 2017-2022
Table 4: Taiwan life insurance market geography segmentation: $ billion, 2022
Table 5: Taiwan life insurance market value forecast: $ billion, 2022–27
Table 6: Taiwan life insurance market share: % share, by value, 2022
Table 7: Cathay Life Insurance Co Ltd: key facts
Table 8: Cathay Life Insurance Co Ltd: Key Employees
Table 9: Fubon Insurance Co Ltd: key facts
Table 10: Fubon Insurance Co Ltd: Key Employees
Table 11: Shinkong Insurance Co Ltd: key facts
Table 12: Shinkong Insurance Co Ltd: Annual Financial Ratios
Table 13: Shinkong Insurance Co Ltd: Key Employees
Table 14: Nan Shan Life Insurance Co Ltd: key facts
Table 15: Nan Shan Life Insurance Co Ltd: Key Employees
Table 16: Taiwan size of population (million), 2018–22
Table 17: Taiwan gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Taiwan gdp (current prices, $ billion), 2018–22
Table 19: Taiwan inflation, 2018–22
Table 20: Taiwan consumer price index (absolute), 2018–22
Table 21: Taiwan exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Taiwan life insurance market value: $ billion, 2017–22
Figure 2: Taiwan life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Taiwan life insurance market geography segmentation: % share, by value, 2022
Figure 4: Taiwan life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Taiwan, 2022
Figure 6: Drivers of buyer power in the life insurance market in Taiwan, 2022
Figure 7: Drivers of supplier power in the life insurance market in Taiwan, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Taiwan, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Taiwan, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Taiwan, 2022
Figure 11: Taiwan life insurance market share: % share, by value, 2022
Figure 1: Taiwan life insurance market value: $ billion, 2017–22
Figure 2: Taiwan life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Taiwan life insurance market geography segmentation: % share, by value, 2022
Figure 4: Taiwan life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Taiwan, 2022
Figure 6: Drivers of buyer power in the life insurance market in Taiwan, 2022
Figure 7: Drivers of supplier power in the life insurance market in Taiwan, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Taiwan, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Taiwan, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Taiwan, 2022
Figure 11: Taiwan life insurance market share: % share, by value, 2022