In Taiwan senior citizens, above 65 years of age, will now be entitled for health insurance premium subsidies, according to a new amendment passed by the Taiwanese lawmakers.
The Insurance Bureau (IB) of the Financial Supervisory Commission (FSC) has announced that it will issue a ruling to explicitly permit insurance companies to invest in businesses related to health promotion, long-term care (LTC) facilities and age-inclusive services, categorising them as "health and well-being businesses."
Taiwan's National Health Insurance (NHI) scheme may not require raising its premiums in 2027 if the minimum wage, salaries and government funding increase as expected according to NHI Committee.
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO for Indonesia and the Philippines, effective 26 October 2026. He will also take enterprise-wide responsibility for the health and product businesses and will join Prudential's Group Executive Committee.
The Financial Supervisory Commission (FSC) has issued the "Explanatory Notes on the Calculation of Own Funds and Risk Capital and Related Reporting Forms for Insurance Enterprises."
New amendments to the Taiwanese Income Tax Act, that will be effective retrospectively from 1 January 2026, will reduce the tax burden and bring relief to at least 2.37m people.
Swiss Re has appointed Ms Iris Cheung as Head, Life and Health (L&H) Reinsurance, Hong Kong and Taiwan, effective 1 November 2026.
Beginning October 2026, Taiwan will launch a scheme of 'health coins' to encourage health checks, cancer screening and preventive care.
Over the past month, Asia has been hit by two Nat CAT events, namely typhoon Dolphin in China, the Philippines and Taiwan, and Japan's 5.9-magnitude earthquake.
The government has increased its budget allocation towards its mental health support initiative to NT$429m (US$13.5m) for 2027 from the current NT$350m, reported the Taipei Times.