Life Insurers' Q1 New Contract Premiums Reach NT$368.2 Billion, Investment-Linked Policies Up Over 50%
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AI Summary (NQ-processed)
Life insurance companies recorded new contract premiums of NT$368.2 billion in the first quarter, a year-on-year increase of 36.11%. Investment-linked policies showed a significant rise, with new premiums around NT$187.9 billion, up 54.5% year-on-year. This growth is driven by collaborations with banks and investment trusts, and the appeal of dollar-denominated policies and products with higher Contractual Service Margin (CSM).
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