Foreign Currency Insurance Premiums Reach 4-Year High of NT$103.7 Billion in First 2 Months
Statistics from Taiwan's FSC show that new contract premiums for foreign currency insurance reached a 4-year high of NT$103.75 billion in the first two months of 2026. This growth is driven by interest in USD policies and industry adjustments to new accounting standards.
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- 📰 Published: April 28, 2026 at 21:56
- 🔍 Collected: April 28, 2026 at 22:31 (35 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:34 (2 min after Collected)
TAIPEI, April 28 (CNA) — Statistics from the Financial Supervisory Commission (FSC) show that new contract premium income for foreign currency insurance in the first two months of this year was approximately NT$103.754 billion, hitting a 4-year high for the same period since 2023. The FSC stated that the insurance industry's integration with new standards boosted sales, with foreign currency policies accounting for 42.56% of all new contracts, a 2-year high.
The FSC released the sales figures for foreign currency insurance today. As of the end of February, life insurers saw NT$103.754 billion in new foreign currency premium income, of which investment-linked insurance accounted for NT$15.778 billion and traditional insurance accounted for NT$87.976 billion.
Tsai Huo-yen, Deputy Director General of the FSC's Insurance Bureau, pointed out that the 103.754 billion figure represents a significant recovery and that new regulatory transitions this year have stimulated some foreign currency sales. Overall, the ratio of foreign currency new contracts to total new contracts (42.56%) is the highest for the same period since 2025.
Looking at USD policies specifically, new premium income for the first two months was approximately US$3.267 billion, an overall year-on-year increase of 62%. Investment-linked USD policies grew 78% YoY to US$0.483 billion. Tsai noted that while sales were strong, February saw a slight decline compared to January due to fewer working days during the Lunar New Year holiday.
Traditional USD policies earned US$2.784 billion in the first two months, up 60% YoY. Tsai attributed this to the popularity of variable-interest and participating (dividend) policies launched by life insurers.
The FSC reminded consumers that since premiums, benefits, and loans for these policies are paid in foreign currency, beneficiaries may face exchange losses if the currency depreciates against the New Taiwan Dollar. Consumers are advised to carefully evaluate their coverage needs and risk tolerance before purchasing.
The FSC released the sales figures for foreign currency insurance today. As of the end of February, life insurers saw NT$103.754 billion in new foreign currency premium income, of which investment-linked insurance accounted for NT$15.778 billion and traditional insurance accounted for NT$87.976 billion.
Tsai Huo-yen, Deputy Director General of the FSC's Insurance Bureau, pointed out that the 103.754 billion figure represents a significant recovery and that new regulatory transitions this year have stimulated some foreign currency sales. Overall, the ratio of foreign currency new contracts to total new contracts (42.56%) is the highest for the same period since 2025.
Looking at USD policies specifically, new premium income for the first two months was approximately US$3.267 billion, an overall year-on-year increase of 62%. Investment-linked USD policies grew 78% YoY to US$0.483 billion. Tsai noted that while sales were strong, February saw a slight decline compared to January due to fewer working days during the Lunar New Year holiday.
Traditional USD policies earned US$2.784 billion in the first two months, up 60% YoY. Tsai attributed this to the popularity of variable-interest and participating (dividend) policies launched by life insurers.
The FSC reminded consumers that since premiums, benefits, and loans for these policies are paid in foreign currency, beneficiaries may face exchange losses if the currency depreciates against the New Taiwan Dollar. Consumers are advised to carefully evaluate their coverage needs and risk tolerance before purchasing.