statement
The applicants include two property insurers and one life insurer, submitting in the order property, life, property, with the first property insurer filing in May of this year.
A statement by 劉純斌. Statements are as reported by the cited publishers — not verified by DecisionGateway.
申請業者包括兩家產險公司與一家壽險公司,送件順序依序為產險、壽險、產險公司,其中第一家產險公司於今年5月遞件
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The law does not exclude digital insurance companies from the new solvency regime (TIS); they will apply it on the same basis as general property and life insurers.statementWhether approval for preparatory establishment is granted or the application is rejected, the FSC will issue a press release to explain publicly in addition to replying to the applicant.commitmentReview meetings will invite external committee members and mainly examine whether the business model is forward-looking, whether fintech application is innovative, and whether paid-in capital is sufficient; the legal minimum paid-in capital is NT$500 million for property insurers and NT$1 billion for life insurers.statementThe first property insurer and the life insurer have both entered substantive review and are supplementing materials after the first review meeting; the third applicant, a property insurer, is still in the formal review stage.statementIf digital insurance companies are formally established, they will be subject to the new solvency regime (TIS) and related rules on the same basis as general property and life insurers.prediction
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