Consensus reached at the First National Insurance Meeting in 1983 demanded the establishment of an organization overseeing the nation-wide activities of insurance statistics, actuarial practices, research, and training in hopes of nurturing a productive insurance industry. Two years later in March, 1985, the Ministry of Finance approved the proposal for Taiwan Insurance Institute (TII). Starting of July 1, 1985, Taiwan Insurance Institute (TII) was officially inaugurated and in full operation since.

Three phases depict the development history of Taiwan Insurance Institute as follows: First phase (1985~1997): groundwork in statistics, training, and research Second phase (1998~2003):additional businesses into the insurance testing and claims mediation domains; further development in the actuarial and information technology services.

Third phase(2004~present):built upon the existing framework, the business is further expanded into financial analysis and actuarial service, mid and high level personnel training as well as the development and validation of the interdisciplinary talents. In response to the liberalization of Taiwan non-life insurance premium rates, a specialized unit in Actuarial Department－was set up in 2007 to strengthen the said function of TII.TII will continue its current functions in extension of insurance education, enrichment of insurance professional, promotion of insurance supervisory policies, handling of insurance disputes, protection of consumer rights etc.－all for the proliferation of the insurance industry.

• Research Department:

  all insurance-related researches include IFRS 4,EU Solvency II, emerging issues, supervisory policy formation and etc.

• Actuarial Department:

  a specialized Unit of Statistics and Actuarial Service for life and non-life insurances, research and regular rate review on CALI, researches related with life insurance products and reserve adequacy, promotion and review over the liberalization movement of non-life insurance premium-rates; insurance supervisory database.

• Information Technology Department:

  establishment of the Taiwan e-Insurance Signature (TeIS) platform, CALI Information Processing Center.

• Education and Training Department:

  in-service training, conferences, licensing and certification

• International Department:

  international cooperation, information search on international insurance market

• Administration Department:

  administration and human resource management

• Accounting Department:

  accounting and financial affairs

In order to further improve the Compulsory Automobile Liability Insurance (CALI) system and collaborate better with the planning and studying, the competent authority entrusted Taiwan Insurance Institute (TII) to carry out researches related to the CALI in October 2005. Consequently, TII established "CALI Actuarial and Research Development Task Force (the "CALI Task Force")," which consists of four working groups. The working groups are: ratemaking and statistic working group, reserving and financial accounting working group, IT working group, and laws and regulations working group. The 4 work groups have been integrated into 2 work groups starting from 2015 fiscal year, which are the group of actuary and finance and accounting work, and, respectively, to continuously conduct the study and execution of relevant topics of this insurance actuary, reserve funds, as well as laws and regulations, in order to benefit the long-term development of CALI's insurance.

1. To conduct rate review and the analysis and control of loss ratio so that the insured can enjoy a fair and reasonable premium rate.
2. To reevaluate annually the adequacy of reserves, thus ensuring the long-term development of the CALI.
3. To fulfill the implementation of independent accounting scheme for the CALI exactly.
4. To assess and improve the CALI related laws and regulations in order to enhance insurers' operation of the CALI and realize the protection of consumer rights.

1. Regular rate reviewing

   Review the net premium of the CALI and expenses loading from each item in order to ensure that CALI premium qualifies the principles of fairness, reasonability, and adequacy.

2. Regular monitoring and discussion on loss ratios

   Control effectively the loss cost of the CALI through examining and analyzing each insurance company and the overall industry's loss ratios and development trends.

3. Regular discussion on the CALI various reserves and monitoring on the reserve adequacy

   Analyze the adequacy of the CALI various reserves and forecast the changes of reserves for strengthening the overall financial stability of the CALI.

4. Study on the independent accounting scheme

   Studied the implementation of independent accounting scheme.

5. Establishment and assessment of the inquiry mechanism

   Build inquiry systems in the information processing center which can be used by insurance companies, insurance brokers and agents. The information processing center should deliver premium-related information under the requirements of the Personal Data Protection Law.

6. Reviewing and researching on the CALI Act

   Strengthen the protections for consumers and victims in traffic accidents through reviewing the CALI Act which enables further improvement on the CALI operation.

7. Establishment of related mechanisms

   Establish "Differentiation Supervision Mechanism" and "Comprehensive Audit Mechanism" in order to understand and to help improve each insurance company's operation of the CALI.

8. Reviewing the Actuarial Report of CALI

   Provide the analyzed data and reviewed results to the competent authority to understand the situation of the reserves management by reviewing the Actuarial Report.