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BMI View: As of late 2013, the leading players in Taiwan's insurance sector (and the enormous life segment in particular) are tending to focus on profitability rather than top line growth. As in other countries, low interest rates and slow nominal GDP growth are challenges. Nevertheless, there remains significant scope for particular companies to develop niche products As of late 2013, BMI continues to see Taiwan's insurance sector as standing out from its peers in other countries for two reasons. The first is that, by many metrics, density (ie premiums per capita) in particular, the country is an exceptionally highly developed market for insurance. A country that for much of the last 30 years has consistently run a current account surplus has mobilised savings substantially through a life i ...
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