Key Market Indicators
Taiwan's life insurance industry is projected to see its gross written premium rise to approximately $100 billion by 2028. This marks an increase from the current $93 billion in 2023. The industry is expected to experience an annual growth rate of 1.2% over the next five years. Since 2015, the sector has already seen a steady annual increase of 1.6%. These figures underscore the robust expansion and sustained demand within Taiwan's life insurance market.
