Business Overview

In 2019, the Company generated a total premium income (rounded up to the nearest million) of NT$8,237 million an increase of NT$671 million or 8.87%, from NT$7,566 million of the total premium income recorded in 2018.

A. Direct Insurance Business

In 2019, the direct written premiums of the Company totalled NT$7,468 million a increase of NT$557 million or 8.06%, from NT$6,911 million in 2018.

1. Fire insurance: The premiums totalled NT$1,749 million accounting for 23.42% of the total written premiums.

2. Marine cargo insurance: The premiums totalled NT$272 million accounting for 3.64% of the total written premiums.

3. Marine hull insurance: The premiums totalled NT$395 million accounting for 5.29% of the total written premiums.

4. Automobile insurance: The premiums totalled NT$3,561 million accounting for 47.69% of the total written premiums.

5. Aviation insurance: The premiums totalled NT$116 million accounting for 1.55% of the total written premiums.

6. Engineering insurance: The premiums totalled NT$237 million accounting for 3.17% of the total written premiums.

7. Accident insurance: The premiums totalled NT$454 million accounting for 6.07% of the total written premiums.

8. Other insurance: The premiums totalled NT$685 million accounting for 9.17% of the total written premiums.

B. Inward Reinsurance Business

1. The inward reinsurance premiums for 2019 amounted to NT$770 million an increase of NT$114 million or 17.4%, from NT$656 million in 2018.