Categories

August 2017

If a contract is renewed based on an automatic renewal provision in the original contract, the applicant is no longer required to fulfill the obligation to state the facts truthfully upon execution of the contract after the information communicated by the applicant when the original contract is executed is accepted by the insurer(Taiwan)

August 2017

Based on the principle of fairness, the burden of proof on the beneficiary of an accident injury insurance contract should be reduced. As long as the insured does not die of aging, illness and bacterial infection, the cause of death should basically be accident.(Taiwan)

August 2017

The Ministry of Economic Affairs interpreted the relevant requirements for a shareholder's request that the company should purchase his/her shares upon the merger or acquisition of the company((Taiwan)

August 2017

If an insurance agent can freely decide the specifics of the insurance solicitation service to an insurance company and receive compensation based on the completion such service, the relationship between the insurance agent and the insurance company shall be considered that of a contractor(Taiwan)

August 2017

To determine if a security is purchased for a high price illegally, attention should be paid to the bid price of the actor and the purchase price in the market rather than a comparison with the market selling price(Taiwan)

August 2017

Relevant Provisions of the Financial Supervisory Commission on Investment in Overseas Real Estate Investment Trust Funds (Taiwan)