Policy Objective

Encourage the insurance industry to invest in public infrastructure, aging society, and silver industry promoting social welfare through diversified channels, either directly or indirectly.
As of the second quarter of 2025, the total amount invested in special project investments in public and social welfare undertakings (including investments through land usufruct rights, securities, and other channels) is approximately 623.2 billion NTD, of which the amount applied under Article 146-5 of the Insurance Act is 150.7 billion NTD, accounting for 0.46% of the funds.

Promotional Measures

☑️ Expand the Scope of Public Investment by Insurance Industry Funds
To expand the scope of public investments handled by insurance industry funds and the public investment projects under "Regulations Governing Use of Insurer's funds in Special Projects, Public Utilities and Social Welfare Enterprises" (hereinafter referred to as the Special Project Use Regulations)align with the scope of public infrastructure defined by the Ministry of Finance’s "Act for Promotion of Private Participation in Infrastructure Projects" (hereinafter referred to as the Promotion Act), thereby facilitating insurance companies in investment evaluation and legal compliance, the Financial Supervisory Commission issued an interpretative order on March 26, 2025.

The amendment clarifies that the term "Other public utilities as promoted by the government or in line with the government's construction projects" under Article 3, Paragraph 1, Subparagraph 6 of the Special Project Use Regulations includes the following items:

1. Public infrastructure projects conducted pursuant to the Promotion Act.
2. Public investment projects planned by competent authorities under other laws, where the competent authority formally documents explained that the investment is a public investment aligned with policy, and the public infrastructure development area or amount accounts for more than 50%.

☑️ Targets Promoting Social Welfare such as Aging Society and Silver-haired Industry
Encourage the insurance industry to invest in silver-haired ecosystems and related industries through diversified channels such as securities, real estate (e.g., elderly housing), and insurance-related businesses (e.g., elderly care and childcare services). Discussions will be held with life and property insurance associations and industry players to assess actual investment needs and adjust regulations as necessary.
Implementation Status:

Continuing to promote the "Program to Encourage Insurers to Invest in the Six Core Strategic Industries, Public Infrastructure, Long-term Care Enterprises, and Sustainability Bonds". The program is implemented in four phases from July 1, 2022, to December 31, 2025.

☑️ Indirect investment through venture capital enterprises and private equity funds:
Implementation Status:

1. Added venture capital and private equity awards to the incentive investment program for the five trusted industries.
2. Discussed expanding the investment scope of private equity funds to include Public-Private Partnership (PPP) projects, social welfare enterprises, and ESG-related projects.
   (Interpretive orders issued on March 26, 2025)
3. Relaxed the rules for insurance companies investing 100% in public infrastructure either directly or through domestic private equity funds and venture capital enterprises, applying a risk factor of 1.28% during the investment period.
   (Interpretive orders issued on September 12, 2024, and December 13, 2024)