Cathay Life Insurance Co., Ltd. | Company profile from Hoover's
 
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Cathay Life Insurance Co., Ltd. · Taipei Taiwan

Company Description

296, Jen Ai Rd., Sec. 4
Taipei
10639
Taiwan (Map)
Phone: +886-2-2755-1399
Fax: +886-2-2708-2166

    Cathay Life knows its customers only have one life to live, so the insurer tries to help them make the most of it. One of the main operating divisions of Cathay Financial Holding, Cathay Life Insurance is the largest insurer in Taiwan. The company offers 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. The company serves some 11 million customers through about 700 branch locations across the country. The company, founded in 1962, also has some international life insurance operations. To read the full description, subscribe now.

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    Key Cathay Life Insurance Co., Ltd. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees31,023

    Cathay Life Insurance Co., Ltd. Executives

    11 executives listed for Cathay Life Insurance Co., Ltd.'s Taipei Taiwan location.
    TitleName & BioContact
    Chairman and Executive OfficerHong-Tu TsaiEmail
    Vice ChairmanT. Y. TsaiEmail
    PresidentFa-Te ChangEmail

    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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