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The First Insurance Co., Ltd. - Company Capsule

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ICD Research's ‘The First Insurance Co., Ltd. - Company Capsule’ is a crucial resource for industry executives and anyone looking to access key information about “The First Insurance Co., Ltd. ICD Research's ‘The First Insurance Co., Ltd. - Company Capsule’ reports utilize a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

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									The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Company
Capsule
Reference Code: FS0494CC
Published Date: April 2011




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The First Insurance Co., Ltd. - Company Capsule                                     Page 1
The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Company Overview

The First Insurance Co., Ltd. (First Insurance) is a financial services provider. The company is engaged in providing
extensive range of insurance products to commercial, as well as personal line customers. The company offers a wide
range of insurance services such as fire insurance, marine insurance, car insurance, engineering insurance, liability
insurance, guarantee insurance, injury insurance and reinsurance. The company is also engaged in providing reinsurance
services. It operates through two different sectors which include the financial sector and the business sector. First
Insurance’ operations are spanned across different geographic areas namely, Taipei Hsien, Taochu, Taichung, Tainan
and Kaohsiung. The company is headquartered in Taipei, Taiwan


Financial Performance

The company reported revenue of TWD8850.77 millions during the year 2009.The company's revenue declined at a
compounded rate of 9.18% during the period 2007-2009 with a year on year decline of 3.83% over fiscal year 2008.
During the fiscal year 2009, its operating margin was 6.70% as against the operating margin of 1.39% in the fiscal year
2008. During the fiscal year 2009 the company’s net profit margin was 2.12% as against the net profit margin of 0.49% in
the fiscal year 2008.




The First Insurance Co., Ltd. - Key Facts

The First Insurance Co., Ltd., Key Facts

                                  No. 54, Chung Hsiao East Road,
                                                                    Ticker Symbol, Stock
Corporate Address:                Taipei, , , Taiwan
                                                                                               2852 (Taiwan Stock Exchange)
                                                                    Exchange



Telephone                          + 886 2 23913271                 No. of Employees           739



Fax                                + 886 2 23412864                 Financial Year End         December



URL                               www.firstins.com.tw               Revenue (in TWD Million)   8,850.77



Industry                          Financial Services                Revenue (in USD Million)   267.64



Locations                         Taiwan

Source: Annual Report, Company Website, Primary and Secondary Research




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The First Insurance Co., Ltd. - Company Capsule                                                                      Page 2
The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Major Products and Services

The First Insurance Co., Ltd. is engaged in providing a wide range of insurance products to both commercial and personal
line customers in Taiwan. The company’s key products and services include the following:

The First Insurance Co., Ltd., Major Products and Services
Services:

Fire Insurance

Liability Insurance

Professional Insurance

Travel Insurance

Motor Insurance

Marine Transportation Insurance

Machinery, Engeneering Insurance

Other Insurance
Source: Annual Report, Company Website, Primary and Secondary Research




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The First Insurance Co., Ltd. - Company Capsule                                                                 Page 3
The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Key Competitors

The following companies are the major competitors of The First Insurance Co., Ltd.:

Fubon Financial Holding Co Ltd.

Taiwan Fire & Marine Insurance Co., Ltd.

Union Insurance Co., Ltd.

CIGNA Taiwan Life Insurance Company Limited

Shin Kong Financial




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The First Insurance Co., Ltd. - Company Capsule                                       Page 4
The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Key Employees


The First Insurance Co., Ltd., Key Employees


             Name                          Job Title                      Board Level     Since   Age


Jingchang Chen             Manager Accounting                       Senior Management     2009


Qingchuan Huang            Deputy General Manager                   Senior Management     2006


Ruiping Li                 Director                                 Non Executive Board   2007


Yilong Lai                 Director, General Manager                Executive Board       2004


Yongguang You              Director                                 Non Executive Board   2001


Zhengdu Li                 Director                                 Non Executive Board   2004


Zhenghan Li                Chairman                                 Executive Board       1993


Zhengjin Li                Director                                 Non Executive Board   2001


Zhengzong Li               Director                                 Non Executive Board   1993


Zhongxiu Lin               Deputy General Manager                   Senior Management     2006


Ziyun Du                   Director                                 Non Executive Board   2002

Source: Annual Report, Company Website, Primary and Secondary Research




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The First Insurance Co., Ltd. - Company Capsule                                                     Page 5
The First Insurance Co., Ltd.

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The First Insurance Co., Ltd. - Locations and Subsidiaries

Head Office

The First Insurance Co., Ltd.
No. 54, Chung Hsiao East Road
Taipei
Taiwan
Tel: + 886 2 23913271
Fax: + 886 2 23412864



Other Locations & Subsidiaries

The First Insurance Co., Ltd., Locations



1-2F, No. 46                                                        11F, No. 103
Sanchung City                                                        Hsintien City
Taiwan                                                              Taiwan
Tel: + 02 2981 3365                                                 Tel: + 02 2218 0168
Fax: + 02 2981 3 592                                                Fax: + 02 2218 5118


16F, No. 37                                                         21F-2, No. 398
Panchiao City                                                       Chungli City
Taiwan                                                              Taiwan
Tel: + 02 2964 9588                                                 Tel: + 03 426 2666
Fax: + 02 2964 0742                                                 Fax: + 03 422 3884


9F, No. 476
                                                                    Chunglun Liaison Office
West District
                                                                    Taiwan
Taiwan
                  
								
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