Insurance

While actively expanding business operations, a company should pay special attention to risk management and risk diversification. For decades, we not only provide legal services to assist establishing enterprises and enhancing operational efficiency, but also advise on risk management and risk diversification.

The legal services provided by the Project Group of Insurance comprise the following 6 categories:

  1. Insurance Claim handling, including issuing legal opinions with regard to clarifying policy wordings, and related mediation, arbitration and litigation. Representative cases in this category include insurance claims involving Winbond Electronics Corporation, United Microelectronics Corporation, FUI Industrial Co., Ltd., LiteOn, Gold Circuit Electronics Corp., ASE Group, Motech Industries Inc., and YAGEO CORP.

  2. Development of and filing applications for new insurance products, including translation of insurance policies. Our experience in this category includes advising Zurich International Life Insurance Company, Chartis Insurance Company Taiwan Branch, ACE Insurance Company of North America (Taiwan Branch) and United Guaranty Mortgage Indemnity Company Taiwan Branch on drafting, review and translation of insurance contracts and policies, and related legal services.

  3. Insurance sector M&A transactions, including setting up new companies from spin-offs, policy portfolio transfers, share swap and share transfers, as well as legal services including the draft of merger plans, draft and review of M&A agreements, and submission of M&A application. Our experience in this category includes the business transfer between Tokio Marine Newa Insurance Co., Ltd. and Tokio Marine Newa Insurance Co., Ltd., Zurich Life Insurance Company of America and Zurich Life Insurance Company Ltd., Fubon Life and Citicorp Life Insurance Ltd., AEGON Life and Transamerica, AEGON Life and AFLAC, AEGON Life and AXA Life, ManuLife and CIGNA Life, New York Life and New York Life International, AXA France I.A.R.D. Taiwan Branch and South China Insurance Co., Ltd., and TransGlobe Life and Kuo Hua Life; share purchase between Citicorp and Fubon; spin-offs and setting up of new companies for MetLife Global and MetLife, ING Life and Aetna Life , and spin-off for Chartis and AIU; share transfer between ING Life and Fubon Financial Holding Co; AEGON Life Insurance (Taiwan) Inc. and Chung Wei Yi Co., Ltd. (Mei Fu Group).

  4. Relevant application procedures for incorporating insurance companies, branches, representative offices, insurance agencies and insurance brokerages, liquidation of insurance companies, insurance agencies and brokerages, and the various application matters resulting from M&A between insurance companies.

  5. Acting as a Claim Agent to handle outstanding claims for insurance companies that are to be liquidated. Our experience in this category includes acting as AXA's Claim Agent.

  6. General Consulting for the various insurance-related matters.