Legislative: |
Amended on 30 July 2025 per Order No. Jin-Guan-Bao-Zong-Zi- 11404928771 of the Financial Supervisory Commission |
Content: |
Article 11
Other matters shall include the following:
1. Dispositions imposed by the competent authority in the past two years.
2. Matters to be filed with the competent authority in accordance with Article 16 of the Regulations for Establishment and Administration of Foreign Insurance Enterprises.
3. Change of appointed actuaries and external reviewing actuaries, including at least the names of actuaries, date of occurrence, reason(s) for change and relevant explanations.
4. Purposes or causes of outward reinsurance contract discontinuation, termination or revision and the effective dates when the discontinuation, termination or revision has led to serious financial or business impact in the most recent two years.
5. The names of innovative insurance products or services approved by the competent authority for sale, trial, or innovative experimentation by a digital insurance company, information sufficient for others to identify the scope of innovation, and the period
during which other insurance companies may not apply for or offer the same insurance products or services without the consent of the competent authority.
6. Other matters of special note announced by the competent authority.
Matters mentioned in subparagraphs 1 to 5 of the preceding paragraph shall comply with the following provisions:
1. Matters mentioned in subparagraph 1 shall be disclosed within 15 days of the delivery of the judgment or penalty.
2. Matters mentioned in Subparagraphs 2 and 4 shall be disclosed within 30 days from the date of occurrence of fact.
3. Matters mentioned in Subparagraph 3 shall be disclosed within two days of the resolution of the board of directors(governors).
4. Matters mentioned in Subparagraph 5 shall be disclosed within ten days from the date of approval of the innovative insurance products or services. |