The First Insurance Co., Ltd. (2852.TW) TAI

Currency In TWD

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The First Insurance Co., Ltd.

Address

No. 54, Zhongxiao East Road

Taipei,

Taiwan (Province of China)

Phone

886 2 2391 3271

Sector

Financial Services

Industry

Insurance - Property & Casualty

Employees

853

First IPO Date

November 30, 2000

Key Executives

NameTitlePayYear Born
S. Q. ChenExecutive Vice President0N/A
Yin-Lung ChenExecutive Vice President0N/A
Xinkun ChenPresident0N/A
Chang-Hong ChenSenior Vice President0N/A
Kun-Ying YehManager of Administration Department0N/A
C. ChenExecutive Vice President0N/A
FeiFen XiaoAssistant Vice President of Accounting Department & Head of Accounting0N/A
Jen-Huai LiuChief Compliance Office of Corporation HQ0N/A
Yizhi LiSenior Vice President0N/A
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Description

The First Insurance Co., Ltd., established in 1962 and based in Taipei, Taiwan, offers a comprehensive suite of insurance products and related services to both private individuals and businesses across the nation. Its extensive portfolio includes various types of property coverage, such as fire, allied perils, residential fire and earthquake, and comprehensive house all-risk policies. In the marine sector, the company provides insurance for cargo, hull, fishing vessels, and carrier's liability. For vehicles, it offers comprehensive automobile coverage (including hull and theft), third-party liability, and motorcycle liability options, alongside various insurance riders. The company also specializes in engineering and construction-related insurance, with products like erection and installation all-risk, electronic equipment, contractors' plant and machinery, boiler and pressure vessel, machinery breakdown, agricultural machinery all-risk, and civil engineering completed risk policies. A wide array of liability insurance is available, encompassing public, elevator, contractors', employers', product, golfers', security, public transportation, hospital comprehensive, financial industry safety deposit box, and directors and officers (D&O) liability. Professional indemnity solutions are tailored for various professions, including architects, engineers, accountants, insurance agents/brokers, travel agencies, and lawyers, in addition to coverage for medical malpractice and human clinical trials. Further offerings include financial and specialty bonds, such as blanket fidelity and insurance brokers' blanket bonds; credit, health, and aviation insurance. Commercial risk protection extends to money, burglary and theft, bankers' all-risk, commercial property floaters, artwork comprehensive, and shop insurance. For personal protection, the company provides individual and group accident, comprehensive personal travel, women's comprehensive, credit card comprehensive, and micro-group casualty insurance plans. Beyond direct underwriting, The First Insurance Co., Ltd. also engages in reinsurance for non-life risks and offers valuable damage prevention services.

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