Fubon Life has been named the "Best Insurance Company in Taiwan" by World Finance for the thirteenth time, marking a significant achievement in the life insurance industry. The UK-based financial media evaluates companies annually based on operational achievements and innovative governance. The panel recognized Fubon Life's alignment with new regulatory frameworks such as IFRS 17 and ICS, noting its strong performance through diversified channels and product strategies. The company's commitment to enhancing protection for various groups and promoting inclusive finance was also highlighted.
Sueiue Chen, President of Fubon Life, stated that "sustainability” is a global goal. As a national brand, Fubon Life prioritizes customer welfare and stakeholder interests. The company actively addresses ESG and climate-related challenges, supports carbon reduction efforts, and contributes to a sustainable financial ecosystem. It engages in initiatives promoting environmental care, health, and financial literacy to encourage sustainability in the industry.
In June 2024, Fubon Life reported a net income of NT$13.71 billion, achieving the highest profit for any June in history. Its net worth exceeded statutory requirements by over 3%, and its capital adequacy ratio surpassed 300%. Investments in ESG themes reached NT$2.44 trillion in 2023, representing 51% of overall investment assets. Green procurement expenditures amounted to NT$150 million.
The Sustainable Development Committee under the Board of Directors oversees sustainability policies implementation at Fubon Life. In 2023, it ranked in the top 20% of the insurance industry for sustainable finance evaluation by the Financial Supervisory Commission.
Fubon Life promotes public health by addressing urban-rural disparities through financial inclusion initiatives aimed at building an equitable society. It leads river conservation efforts through tree planting projects with The Society of Wilderness across several Taiwanese rivers.
Additionally, Fubon Life enhances core competencies through its "Financial Insurance Knowledge Promotion" initiative targeting students from high school to university levels. Collaborating with the “Taiwan Financial Literacy Association,” it has conducted numerous courses on insurance protection and financial awareness.
Recognizing fraud as a social issue, Fubon Life partners with public sectors like Taipei City Government to educate citizens about common fraud schemes across neighborhoods.
Fubon Life has been acknowledged for fair treatment principles assessment by the Financial Supervisory Commission for two consecutive years as one of the top life insurance providers integrating ESG principles into operations while striving towards leadership in sustainable finance.