New entrants eating into insurers' market

Market share (%)

Premium in the first half of 1998

Market share (%)

Changes in shares (%)

Cathay Life

13,018

22.15

17,198

31.02

-8.87

Nan-shan Life

11,367

19.35

10,20

18.40

0.95

Shin Kong Life

6,738

11.47

8,482

15.30

-3.83

Aetna Life

6,487

11.04

3,464

6.24

4.80

Fubon Life

3,187

5.42

985

1.77

3.65

Kuo Hua Life

2,938

5.00

2,457

4.43

0.57

China Life

2,726

4.64

1,089

1.96

2.68

Mercuries Life

2,711

4.61

2,370

4.27

0.34

Taiwan Life

1,450

2.46

1,587

2.86

-0.40

Chin Fong Life

1,297

2.20

1,276

2.30

1.05

ING Life

882

1.50

639

1.15

0.35

Chung Shing Life

873

1.48

1,137

2.05

-0.57

Global Life

741

1.26

154

0.27

0.99

Central Trust of China

712

1.21

765

1.38

-0.16

New York Life

513

0.87

331

0.59

0.28

Source: The Association of Life Insurers