As per the revision and promulgation of
Commercial Association Law which went into effect on November 10, 1997,
Taipei Life Insurance Association had restuctured and further promoted to
the national-level Association entitled as "The Life Insurance Association
of the Republic of China (LIA-ROC)" on Novenber 16, 1998.
(1)To investigate, research, propagate,
collect and analyze the statistical data of
(7)To deal with and report to the authority regarding the violation behavior of the members.
(8)To undertake projects requested by related organizations.
(9)To appeal and provide suggestions to the authorities.
(10)To issue periodical publications and materials of the life insurance business.
(11)To propel the relative policies, laws and regulations, as well as join public activities.
(12)To establish and register the necessary information of the members and their representatives.
(13)To perform the applicable business required by laws.
The General Conference consists of the
representatives of member companies. Directors of the Board and
supervisors which are elected by the representatives of members.
Life Insurance Operation Development Committee
The Life Insurance Operation Development
Committee(LIODC) is responsible for planning and providing suggestions for the
common interests and topics related to the life insurance industry. According to
the business areas and types of insurance, the committee set-up the following
eighteen research subcommittees, namely.
Mortality and Morbidity Research Committee
The mission of this committee is to make experience mortality and morbidity studies, and, if necessary, too construct the experience mortality and morbidity tables for the calculations of reserves and for the bases of rate making. The annual standard ordinary experience mortality study is designed to evaluate and measure the mortality level for policy dividends.
Agent Examination and Registration Committee
According to the Management Regulations of Insurance Agents, the Association is appointed by the Ministry of Finance to handle the qualifying examinations, education, traning and registration management for life insurance agents.
Agent Disciplinary Committee
This committee is established according to
Management Regulations of Insurance Agents and is responsible for the evaluation
of agent's training, management and promotion system of life insurance companies
and for reviewing the terminated and revocated registration of life insurance