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Statistics｜Motor Vehicle Accident Compensation Fund

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Statistics

  • Compensation

    Overview of Compensation Operations in 2014:

    Overview of Compensation Claims Processing

    (Unit: Cases,NT$)
    Claim Applications Submitted Under Article 40 of the Act No. of Claims Compensation Amount(NT$)
    Outstanding at the beginning 138 13,923,267
    New 2,972  
    Settled 3,004 412,949,916
    Outstanding at the end 106 10,785,101
    Joint Liability for Insurance Benefits subject to Article 36 of the Act No. of Claims Insurance Benefits
    Settled 733 48,627,202

    Analysis of Claim Applications

    (Unit: Cases)
    Claim Applications Total
    Accident type(cases) Uninsured Car 412 1,913
    Motorcycle 1,501
    Untraceable Car 818 1,007
    Motorcycle 189
    No consent of insured Car 4 8
    Motorcycle 4
    Insurance not required Car 44 44
    Motorcycle 0
    Total 2,972
    Accident result(cases) Injury Car 1,161 2,744
    Motorcycle 1,583
    Disability Car 46 98
    Motorcycle 52
    Loss of life Car 71 130
    Motorcycle 59
    Total 2,972

    Number of Settled Claim Cases

    (Unit: Cases,NT$)
    Settled Claim Cases Total
    Accident type(cases) Uninsured Car 417 1,925
    Motorcycle 1,508
    Untraceable Car 846 1,030
    Motorcycle 184
    No consent of insured Car 4 8
    Motorcycle 4
    Insurance not required Car 41 41
    Motorcycle 0
    Total 3,004
    Accident result(cases) Injury Car 1,189 2,770
    Motorcycle 1,581
    Disability Car 46 100
    Motorcycle 54
    Loss of life Car 73 134
    Motorcycle 61
    Total 3,004
    Settled compensation amount(NT$) Injury benefits Car 25,869,929 62,104,535
    Motorcycle 36,234,606
    Disability benefits Car 58,401,764 126,566,177
    Motorcycle 68,164,413
    Loss of life benefits Car 119,489,960 224,279,204
    Motorcycle 104,789,244
    Total 412,949,916
    Note: The number of settled claim cases in this table include new application in 2014,outstanding cases from 2013,and cases reviewed and mined in 2014.

    Number of Outstanding Compensation Cases

    (Unit: Cases,NT$)
    Outstanding Compensation Cases Total
    Accident type(cases) Uninsured Car 18 74
    Motorcycle 56
    Untraceable Car 17 28
    Motorcycle 11
    No consent of insured Car 0 0
    Motorcycle 0
    Insurance not required Car 4 4
    Motorcycle 0
    Total 106
    Accident result(cases) Injury Car 33 97
    Motorcycle 64
    Disability Car 4 4
    Motorcycle 0
    Loss of life Car 2 5
    Motorcycle 3
    Total 106
    Unsettled compensation amount(NT$) Injury benefits Car 623,370 1,832,330
    Motorcycle 1,208,960
    Disability benefits Car 2,276,776 2,276,776
    Motorcycle 0
    Loss of life benefits Car 2,670,398 6,675,995
    Motorcycle 4,005,597
    Total 10,785,101
    Note: The number of outstanding claim in this table include new applications in 2014, outstanding cases from 2013,and cases reviewed and determined in 2014.

    Cases of Joint Liability for Insurance Benefits subject to Article 36 of the Act

    (Unit: Cases, NT$)
    Joint Liability for Insurance Benefits subject to Article 36 of the Act Total
    Injury result(cases) Injury 655
    Disability 47
    Loss of life 31
    Total 733
    The Fund Joint Liability Amount(NT$) Injury benefits 7,913,569
    Disability benefits 14,279,894
    Loss of life benefits 26,433,739
    Total 48,627,202

  • Claims

    Overview of Compensation Operations in Handling of Claims in 2014:

    In 2014, the Fund has achieved the following results in it’s claims handling operations

    (Unit: Cases,NT$)
    Accumulated No, of Outstanding Claims as of Dec. 31,2013 No. of New Cases Total No. of Case to be Processed No. of Settled Cases Accumulated No. of Outstanding Claims Claims Amount (NT$)
    1,340 1,538 2,878 1,424 1,454 68,659,464

  • Fund Utilization

    Fund Utilization as of Dec. 31. 2014

    Financial bonds Government bonds Discretionary investments Corporate bonds Deposits Exchange Traded Funds
    12.650% 4.840% 7.100% 4.740% 70.630% 0%

    Total Deposits and Investments at the end of 2014: NT$3,175,265,125

    (Unit: NT$ Million)
    Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

  • Server

    On January 1, 2005, the Fund introduced a toll free service line to provide better and faster assistance to injured parties, their families, and the general public on related issues. In 2014, the Fund handled 8613 inquiries. A total of questions were received and they could be categorized by the following topics:

    1. Compensation-related: 3497 /
    2. The Insurance-related: 2601 /
    3. The Fund Claims and administrative operations: 36 /
    4. Transportation supervision and police operations: 13 /
    5. Other inquiries: 2466 /