Overflow Insurance Sales Surge, Q1 Premiums Up 1.2 Times to NT$24.3 Billion
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According to FSC statistics, new contract sales of overflow insurance in Q1 this year reached 363,831 policies, a 44% year-on-year increase, with first-year premium income approximately NT$24.315 billion, a 119% increase from the same period last year. This was mainly driven by Cathay Life's sales of higher-premium products. In contrast, in-kind benefit insurance saw declines in both sales volume and premium income.