Shin Kong Life Insurance and Taishin Life Insurance have completed their merger as of 1 January 2026, with Taishin Life becoming the surviving company but operating under the Shin Kong Life Insurance name. The new entity is projected to have a total contractual service margin exceeding T$250bn ($7.9bn) and assets exceeding T$4tn.

The merged company has named Paul Wei as chairman, Hung Shih-chi as vice-chairman, and Huang Min-yi as president. With a revaluation of assets at fair value providing flexibility for asset allocation decisions, the insurer plans to unify product offerings, leverage distribution channels, and pursue cross-selling opportunities within TS Holdings.

Shin Kong Life and Taishin Life’s merger brings together a mix of traditional life, health, accident, and investment-linked insurance products, allowing the new company to offer a broader suite of insurance and retirement planning solutions. The company is also preparing to comply with international standards like IFRS 17 and the Insurance Capital Standard while focusing on digital technology and environmental, social, and governance matters.

TS Holdings chairman Thomas Wu emphasized the merger’s commitment to professionalism, innovation, and sustainability. The combined strengths of Shin Kong Life and Taishin Life aim to provide customers with trusted life insurance protection and wealth management solutions. Shin Kong Life will continue to prioritize customer commitment and values of professionalism, innovation, and sustainability.

Read more at Yahoo Finance: Taiwan’s Shin Kong Life and Taishin Life finalise merger