The report highlights the company's outstanding performance in 2022, including a 6.60% increase in market revenue from direct written premiums, a 1081.89% risk-based capital ratio, a first-place ranking in the Residential Earthquake Insurance / Fire Insurance market share, and the receipt of the “A-/Stable” rating and “twAA” rating with a “Stable” outlook from Standard & Poor's (S&P) and Taiwan Ratings, respectively. The report also discusses the company's social responsibility initiatives, such as its support for the “Save Faust” Program in the Teenager Education Theater Project of the Paper Windmill Arts and Educational Foundation, its sponsorship of the “Teenager Baseball National Cup of C. K. Championship”, and its commitment to developing green energy insurance products and reducing its environmental footprint. The report also provides details on the company's corporate governance structure, its stakeholder engagement strategy, and its risk management system.
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Taiwan Fire and Marine Insurance Co Ltd (TFMI) 2022 ESG Report
Issuing Company Taiwan Fire and Marine Insurance Co., Ltd. (TFMI)
Report Type Sustainability Report
Report Language EN
Report Filesize 9.19 MB
No. of Pages 96 pages
Reporting periodJanuary 01, 2022-December 31, 2022
Report Edition9
Assurance Provider Deloitte Touche Tohmatsu Limited, Deloitte Taiwan
Reporting Standards GRI 2021 Standards; Rules Governing the Preparation and Filin...
Materiality Assessmenttrue