1. Date of Occurrence: 2026/04/16 2. Subject of Occurrence: The Company 3. Reason for Occurrence (Event Description): The competent authority found deficiencies during a general business inspection of the Company, which constituted a violation of relevant provisions of the Insurance Act. 4. Handling Process: Proposed a control mechanism that complies with the principle of internal checks and balances for the identified deficiencies. 5. Disposition: Fined NT$1.2 million and ordered to rectify within 1 month. 6. Whether a fine was imposed: Yes 7. Amount of Fine (NTD): NT$1,200,000 8. Estimated Possible Loss or Impact: None 9. Possible Amount of Insurance Claim (NTD): Not applicable 10. Improvement Status and Future Response Measures: Improvements have been made in accordance with the FSC's disposition. 11. Whether a material information announcement for the same event was previously issued: No 12. Other Matters to be Stated: None

FACT BOX

  • Source: PR Times
  • Category: regulation