An illustration of a business person watering a plant that has coins blooming on the branches. Motor insurance is the largest line in Taiwan, with GlobalData reporting it makes up a 52.3% share of GWP. (Credit: enjoys25/Adobe Stock)

As of 2021, the Taiwan general insurance industry was at $25.5 billion in gross written premiums (GWP), but it could surpass $31.3 billion in GWP by 2026, according to a recent forecast from GlobalData — equating to a compound annual growth rate of 5.4%.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].