BEST’S MARKET SEGMENT REPORT: AM BEST MAINTAINS STABLE OUTLOOK ON TAIWAN’S NON-LIFE INSURANCE SEGMENT

HONG KONG,, Oct 31 (Bernama) -- AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.

Also underpinning the stable outlook, as detailed in the Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, are insurers’ healthy operating profitability in 2024 and regulatory initiatives that support improvements in underwriting strategies.

According to the report, Taiwan’s non-life segment achieved double-digit growth in direct premiums written during the first half of 2025, continuing the growth momentum of the past two years. Despite concern about rising tariffs, economic growth has remained resilient. “While Taiwan should continue to benefit from its leading position in the manufacturing of AI-related products, uncertainties in global demand and U.S. trade policy, especially for the technology sector, cloud the outlook,” said Madison Fan, financial analyst, AM Best.