Year 2021

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Apr.

Cathay Century started selling its 2021 Guava Crop Insurance, helping farmers to mitigate losses caused by typhoon and torrential rain during busy seasons.

Cathay Century Insurance launched "Instant Claims Notification Service" for agricultural insurance policy holders. Policyholders will receive a notification that they are eligible to apply for a claim when extreme weather events occur and minimum claims critena has been met.

Cathay Century Insurance identified potential carbon reduction hotspots within the company and promoted scientific approaches to manage carbon emission from Insurance operations, thus becoming the first non-life insurer to receive Carbon Reduction Label and to be awarded both Carbon Label and Carbon Reduction Label at the same time.

Cathay Century Insurance launched an insurance product that covers COVID-19 vaccination for children on its BeSafe platform.
Cathay Century Insurance maintained its "A2" credit rating from Moody's. The rating outlook is stable.

Cathay Century Insurance maintained "twAA +" credit rating from Taiwan Ratings.
Cathay Century and Bureau of Transportation, Tainan City Government collaborated rolling out of a "Risk Improvement Recommendation Report" based on their loss control expertise for five schools in West Central District and East District of Tainan City. The report contained a simple "Campus Traffc Risk Heat Map" and serves to raise readers' awareness on traffc risks and reduce traffc accidents.
Cathay Century Insurance partnered with KKday, an e-commerce travel platform for local experiences, and AVIS, a well-known international car rental company, in launching an innovative insurance service. The ser- vice recommends suitable insurance products when a customer buys an itinerary and directs the customer to Cathay Century Insurance's website when the customer clicks on the link.

Cathay FHC and three of its subsidiaries, Cathay Life, Cathay United Bank, and Cathay Century Insurance, jointly attended the 2021 Taiwan Climate Action Expo in Kaohsiung.
In order to meet the needs of the elderlies with products available themselves, Cathay Century Insurance introduced a product namely "Century Evergreen" , that provides coverage to the insured up to the age of 85.