Shin Kong Life and Taishin Life Complete Merger Under TS Financial Holdings
January 1, 2026
Shin Kong Life Insurance and Taishin Life Insurance, both subsidiaries of TS Financial Holdings, completed their merger effective January 1, 2026, with Taishin Life as the surviving entity renamed Shin Kong Life Insurance. The combined company, with total assets surpassing NT$4 trillion and a Contractual Service Margin (CSM) expected to exceed NT$250 billion, will integrate product portfolios and distribution channels to strengthen capital flexibility, cross-selling, digital transformation, and long-term profitability under IFRS 17 and ICS frameworks.
- Buyers
- TS Financial Holdings Co., Ltd., Shin Kong Life Insurance
- Targets
- Shin Kong Life Insurance, Taishin Life Insurance
- Industry
- Insurance
- Location
- Taipei, Taiwan
- Transaction Type
- Buyout
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