Foreign Banks Target Taiwan’s Wealthy With Premium Financing

As of March 31, 2026, Taiwan had 23,206 high-net-worth banking clients with more than NT$100 million in net assets, while their assets under management reached a record NT$2.3999 trillion, Financial Supervisory Commission data showed. Premium financing allows policyholders to borrow from banks to pay premiums on new policies, preserving liquidity for investments and succession planning. The product is becoming a key battleground as Taiwan seeks to develop a regional asset-management hub.

A May 9 report said HSBC Taiwan has entered an exclusive partnership with Allianz Taiwan Life, while DBS Taiwan is working with Chubb Life Taiwan and Fubon Life and planning portfolio loans backed by stocks, bonds and ETFs. Standard Chartered Taiwan offers policy loans, premium financing and financial-asset portfolio financing. Average annual insurance spending rose to NT$113,000 in 2025 from NT$93,000 in 2023; an annual premium of NT$5 million is one threshold used to define high-asset clients under Taiwan’s hub initiative.