Taiwan Insurance Institute

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Main Services

Research Development

Goals

To set-up an insurance information center of emerging nations, for the purpose of supporting Taiwan insurance industry to broaden their market territories.
To publish professional insurance books and periodicals for sharing techniques and integrating insurance knowledge, throughout the global Chinese community.
To invite insurance scholars and experts devoting themselves in writing insurance-related books and articles, and make the Institute become a professional insurance publication center.

Main Activities

Conducting market research of the China’s insurance industry
Collecting insurance information relevant to emerging nations
Establishing a forum for the exchange of insurance information.
Publishing and marketing of professional insurance publications.
Maintaining research-oriented and user-friendly insurance library.

Research Development

Goals

To set-up an insurance information center of emerging nations, for the purpose of supporting Taiwan insurance industry to broaden their market territories.
To publish professional insurance books and periodicals for sharing techniques and integrating insurance knowledge, throughout the global Chinese community.
To invite insurance scholars and experts devoting themselves in writing insurance-related books and articles, and make the Institute become a professional insurance publication center.

Main Activities

Conducting market research of the China’s insurance industry
Collecting insurance information relevant to emerging nations
Establishing a forum for the exchange of insurance information.
Publishing and marketing of professional insurance publications.
Maintaining research-oriented and user-friendly insurance library.

Actuarial Analysis & Statistics

Goals

To show the financial & operational status of insurance company.
To centralize the management and maintenance of all insurance statistical data, and establish continual and long-term analysis for reference use.
To comply with deregulation in premium rates, TII has established a Rating Task Force providing the non-life actuarial statistics to insurance companies for use as a ratemaking reference.

Main Activities

Implementing ratemaking, reserving, IT processing, and conducting statutory research by the Compulsory Automobile Liability Insurance Actuarial and Research Development Task Force.
Providing supportive services to clients in ratemaking for various non-life insurance products and, where required, assist them in establishing actuarial information databases.
Conducting risk-based capital (RBC) research to identify the most suitable practices as well as determine the RBC ratio.
Reviewing and maintaining the insurance data system for current analysis and future research periodically.
Assisting regulators to administer & analyze the opinions of policy-reviewing on quarterly basis.
Using newly developed, computerized tools to improve the quality of the statistical work and fulfill future analytical needs.
Establishing an insurance products database for public inquiry.
Researching and reviewing financial risks and actuarial issues.
Conducting research of modern actuarial approaches.
Cooperating with the Bureau of National Health Insurance for research.

Actuarial Analysis & Statistics

Goals

To show the financial & operational status of insurance company.
To centralize the management and maintenance of all insurance statistical data, and establish continual and long-term analysis for reference use.
To comply with deregulation in premium rates, TII has established a Rating Task Force providing the non-life actuarial statistics to insurance companies for use as a ratemaking reference.

Main Activities

Implementing ratemaking, reserving, IT processing, and conducting statutory research by the Compulsory Automobile Liability Insurance Actuarial and Research Development Task Force.
Providing supportive services to clients in ratemaking for various non-life insurance products and, where required, assist them in establishing actuarial information databases.
Conducting risk-based capital (RBC) research to identify the most suitable practices as well as determine the RBC ratio.
Reviewing and maintaining the insurance data system for current analysis and future research periodically.
Assisting regulators to administer & analyze the opinions of policy-reviewing on quarterly basis.
Using newly developed, computerized tools to improve the quality of the statistical work and fulfill future analytical needs.
Establishing an insurance products database for public inquiry.
Researching and reviewing financial risks and actuarial issues.
Conducting research of modern actuarial approaches.
Cooperating with the Bureau of National Health Insurance for research.

Education and Training

Goals

To upgrade professional knowledge of the local insurance industry by providing training and education programs
To enhance the performance and globalization of the local insurance industry by cooperating with international organizations
To introduce to Taiwan the latest risk management skills, actuarial techniques, and currently practiced operational insurance expertise around the global

Main Activities

Organizing ad hoc seminars in accordance with market needs, as well as providing a series of conferences on the latest concepts and skills in:
- Asset Liability Management
- Actuarial Subjects
- Catastrophe Insurance
- Insurance Company Operations
- Finance and Investment Tools
- Risk Management
Planning the comprehensive insurance educational courses and systematically provides advanced tranining
Promoting international and domestic professional insurance designation programs,through:
- Administering of the Qualification Examination for Investment-Linked Insurance Sales Agent and the Qualification Examination for Financial Markets & Ethics
- Providing preparatory courses for taking of the Certified Financial Planner (CFP) Examination
- Managing the Associates Examinations, Fellowship Examinations, and Transitional VEE Examinations for the Casualty Actuarial Society
- Organizing the exams of Certificate in Insurance, Diploma in Insurance, Advanced Diploma in Insurance, and Advanced Financial Planning Certificate for the Chartered Insurance Institute
Establishing long-term working relationships with international, educational, governmental, and professional agencies, such as LIMRA International, and NAIC

Education and Training

Goals

To upgrade professional knowledge of the local insurance industry by providing training and education programs
To enhance the performance and globalization of the local insurance industry by cooperating with international organizations
To introduce to Taiwan the latest risk management skills, actuarial techniques, and currently practiced operational insurance expertise around the global

Main Activities

Organizing ad hoc seminars in accordance with market needs, as well as providing a series of conferences on the latest concepts and skills in:
- Asset Liability Management
- Actuarial Subjects
- Catastrophe Insurance
- Insurance Company Operations
- Finance and Investment Tools
- Risk Management
Planning the comprehensive insurance educational courses and systematically provides advanced tranining
Promoting international and domestic professional insurance designation programs,through:
- Administering of the Qualification Examination for Investment-Linked Insurance Sales Agent and the Qualification Examination for Financial Markets & Ethics
- Providing preparatory courses for taking of the Certified Financial Planner (CFP) Examination
- Managing the Associates Examinations, Fellowship Examinations, and Transitional VEE Examinations for the Casualty Actuarial Society
- Organizing the exams of Certificate in Insurance, Diploma in Insurance, Advanced Diploma in Insurance, and Advanced Financial Planning Certificate for the Chartered Insurance Institute
Establishing long-term working relationships with international, educational, governmental, and professional agencies, such as LIMRA International, and NAIC

MIS Department

Goals

To develop various IT architectures and create new environments for on-line policy purchasing, and e-policy issuing.
To study existing international data transfer standards for the purpose of enhancing data exchange efficiency within the insurance industry.
To conduct a BCP (Business Continuity Planning) project to insure that the computing abilities of IT resources may not be affected by any accident.

Main Activities

Helping regulators build information systems that streamline the regulatory process, thereby upgrading the business capacity of insurers and better protecting the rights of policyholders.
Operating a premium inquiry center for Compulsory Automobile Liability Insurance to maintain market discipline.
Promoting the establishment of the Taiwan e-Insurance Signature (TeIS) platform to provide more secure and user-friendly on-line policy purchasing.
Launching an e-insurance investigation to assist the insurance industry to meet the burgeoning need of the public and the globalization trends.
Constructing an e-learning platform to help the public eliminating the obstinate of receiving the up-to-date know-how of insurance industry.

MIS Department

Goals

To develop various IT architectures and create new environments for on-line policy purchasing, and e-policy issuing.
To study existing international data transfer standards for the purpose of enhancing data exchange efficiency within the insurance industry.
To conduct a BCP (Business Continuity Planning) project to insure that the computing abilities of IT resources may not be affected by any accident.

Main Activities

Helping regulators build information systems that streamline the regulatory process, thereby upgrading the business capacity of insurers and better protecting the rights of policyholders.
Operating a premium inquiry center for Compulsory Automobile Liability Insurance to maintain market discipline.
Promoting the establishment of the Taiwan e-Insurance Signature (TeIS) platform to provide more secure and user-friendly on-line policy purchasing.
Launching an e-insurance investigation to assist the insurance industry to meet the burgeoning need of the public and the globalization trends.
Constructing an e-learning platform to help the public eliminating the obstinate of receiving the up-to-date know-how of insurance industry.

International Department

Goals

To set-up an insurance information center of emerging nations, for the purpose of supporting Taiwan insurance industry to broaden their market territories.
To publish professional insurance books and periodicals for sharing techniques and integrating insurance knowledge, throughout the global Chinese community.
To invite insurance scholars and experts devoting themselves in writing insurance-related books and articles, and make the Institute become a professional insurance publication center.

Main Activities

Conducting market research of the China’s insurance industry
Collecting insurance information relevant to emerging nations
Establishing a forum for the exchange of insurance information.
Publishing and marketing of professional insurance publications.
Maintaining research-oriented and user-friendly insurance library.

International Department

Goals

To set-up an insurance information center of emerging nations, for the purpose of supporting Taiwan insurance industry to broaden their market territories.
To publish professional insurance books and periodicals for sharing techniques and integrating insurance knowledge, throughout the global Chinese community.
To invite insurance scholars and experts devoting themselves in writing insurance-related books and articles, and make the Institute become a professional insurance publication center.

Main Activities

Conducting market research of the China’s insurance industry
Collecting insurance information relevant to emerging nations
Establishing a forum for the exchange of insurance information.
Publishing and marketing of professional insurance publications.
Maintaining research-oriented and user-friendly insurance library.