 About LIA-ROC
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.
According to the 6th article of the Association's charter, its main
mission is as follows :
(1)To investigate, research, propagate,
collect and analyze the statistical data of
¡@ the industry.
(2)To deal with common
interests in the industry.
(3)To mediate the disagreement between
the members.
(4)To mediate the conflicts between employees
and employers of the industry.
(5)To research premium rates and
related operation of the members.
(6)To maintain the legal rights
of the members.
(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.
Organizaton
The General Conference consists of the
representatives of member companies. Directors of the Board and
supervisors which are elected by the representatives of members.
The
Association has five divisions, namely the General Affairs division, Research
& Consulting division, Education & Training division, Agent Examination
& Registration division, and Actuarisl & Statistical division which
manage the business of the Association. In order to perform various missions for
the development of life insurance industry, under the Board of Directors, there
exists the following four committees:
(1)Life insurance
Operation Development Committee(LIODC).
(2)Mortality and
Morbidity Research Committee.
(3)Agent Examination and
Registration Committee.
(4)Agent Disciplinary
Committee.
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.
Underwriting
subcommittee.
Legal
subcommittee.
Policy Conservation subcommittee.
Claim
subcommittee.
Marketing subcommittee.
Accident Insurance
subcommittee.
Group Insurance subcommittee.
Education & Training
subcommittee.
Actuarial & Statistical subcommittee.
Financial &
Accounting subcommittee.
Reinsurance subcommittee.
Information System
subcommittee.
Medical subcommittee.
Investment subcommittee.
Annuity
subcommittee.
Appeal service subcommittee.
Human Resource
subcommittee.
Advertising subcommittee.
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
agents.
The Life Insurance Association of
the Republic of China
5th floor, 152, Sung Chiang Road, Taipei, Taiwan
R.O.C.
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E-Mail Address:liaroc@ms31.hinet.net.tw
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2001 Life Insurance Business |
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