{"product_id":"taiwan-life-insurance-market-summary-competitive-analysis-and-forecast-to-2027","title":"Taiwan Life Insurance Market Summary, Competitive Analysis and Forecast to 2027","description":"\u003cp\u003eTaiwan Life Insurance Market Summary, Competitive Analysis and Forecast to 2027\u003cbr\u003e\nSummary\u003cbr\u003e\nLife Insurance in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.\u003c\/p\u003e\n\n\u003cp\u003eKey HighlightsThe value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.The Taiwanese life insurance market had total gross written premiums of $88.3 billion in 2022, representing a compound annual growth rate (CAGR) of -3.8% between 2017 and 2022.The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $71.4 billion, equivalent to 80.8% of the market's overall value.Tthe cCentral bBank of Taiwan increased its key discount rate to 1.75% in December of 2022 from 1.625%, in line with market forecasts and pushing borrowing costs to the highest since 2015. The performance of the market is forecast to decline even faster, with an anticipated CAGR of -8.4% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $57.0billion by the end of 2027.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in TaiwanUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in TaiwanLeading company profiles reveal details of key life insurance market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Taiwan life insurance market with five year forecastsReasons to BuyWhat was the size of the Taiwan life insurance market by value in 2022?What will be the size of the Taiwan life insurance market in 2027?What factors are affecting the strength of competition in the Taiwan life insurance market?How has the market performed over the last five years?What are the main segments that make up Taiwan's life insurance market?\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"March, 2023 \/ 44 Pages \/ MCW16274735","offer_id":47709240492338,"sku":null,"price":420.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/taiwan-life-insurance-market-summary-competitive-analysis-and-forecast-to-2027","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}