Cathay Life Insurance Co., Ltd. · Taipei Taiwan
Company Description
Phone: +886-2-2755-1399
Fax: +886-2-2708-2166
Rankings
- #386 in FT Global 500
View Cathay Life Insurance Co., Ltd. Locations On A US Map
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This link will open in a new window Cathay Life knows its customers only have one life to live, so the insurer tries to help them make the most of it. The flagship company of the Lin-Yuan Group conglomerate, Cathay Life Insurance is the largest insurer in Taiwan, offering individual and group life, accident, and health insurance via a nationwide network of sales agents. Cathay Life also offers travel policies, annuities, and investment-linked products. With more than 800 million policies in force, a significant percentage of all Taiwanese are Cathay Life customers. To keep up with increased competition after Taiwan's entry into the World Trade Organization, Cathay Life is collaborating with foreign financial services companies. To read the full description, subscribe now.
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Key Cathay Life Insurance Co., Ltd. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $821,614.5 |
| Employees | 29,688 |
Cathay Life Insurance Co., Ltd. Executives
6 executives listed for Cathay Life Insurance Co., Ltd.'s Taipei, location.
| Title | Name & Bio | Contact |
| Chairman | Hong-tu Tsai | Network |
| Vice Chairman | Feng-jung Tu | Network |
| President | Tiao-Kuei Huang | Network |
Competition
Competitive Landscape for Cathay Life Insurance Co., Ltd.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Cathay Life Insurance Co., Ltd. Competitors
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