Insurers issued 745,934 contracts in the first half up 29% from a year earlier.
Taiwan life insurers recorded a 152% increase in first-year premium income from spillover-effect insurance products in the first half of 2026, whilst sales of in-kind payment products declined, according to data from the Financial Supervisory Commission (FSC).
The FSC had approved or accepted registrations for 338 spillover-effect insurance products from 15 life insurers by the end of the second quarter. Insurers sold 745,934 new contracts, up 29% from 578,275 a year earlier.
First-year premium income from the products rose to $1.53b (NT$48.8b) from $606.3m (NT$19.3b) in Q2 2025, an increase of 152%.
Spillover-effect insurance products are designed to encourage policyholders to adopt healthier or safer behaviours, with benefits linked to actions or outcomes that can also reduce insurance risks.
Meanwhile, the FSC had approved or accepted registrations for 53 in-kind payment insurance products from seven life insurers.
New contracts fell 5% to 228,523 from 240,729 a year earlier.
First-year premium income from in-kind payment products dropped 56% to $7.2m (NT$229.5m) from $16.4m (NT$523.9m) in Q2 2025.
($1.00 = NT$31.89)
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