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Statistics|Motor Vehicle Accident Compensation Fund

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Statistics

  • Compensation

    Overview of Compensation Operations in 2016:

    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 103 7,810,324
    New 3,241  
    Settled 3,243 437,295,248
    Outstanding at the end 101 12,825,163
    Joint Liability for Insurance Benefits subject to Article 36 of the Act No. of Claims Insurance Benefits
    Settled 656 57,910,587

    Analysis of Claim Applications

    (Unit: Cases)
    Claim Applications Total
    Accident type(cases) Uninsured Car 556 2,403
    Motorcycle 1,847
    Untraceable Car 655 774
    Motorcycle 119
    No consent of insured Car 6 9
    Motorcycle 3
    Insurance not required Car 55 55
    Motorcycle 0
    Total 3,241
    Accident result(cases) Injury Car 1,171 3,004
    Motorcycle 1,833
    Disability Car 40 99
    Motorcycle 59
    Loss of life Car 61 138
    Motorcycle 77
    Total 3,241

    Number of Settled Claim Cases

    (Unit: Cases,NT$)
    Settled Claim Cases Total
    Accident type(cases) Uninsured Car 557 2,385
    Motorcycle 1,828
    Untraceable Car 680 794
    Motorcycle 114
    No consent of insured Car 6 10
    Motorcycle 4
    Insurance not required Car 54 54
    Motorcycle 0
    Total 3,243
    Accident result(cases) Injury Car 1,194 3,005
    Motorcycle 1,811
    Disability Car 42 103
    Motorcycle 61
    Loss of life Car 61 135
    Motorcycle 74
    Total 3,243
    Settled compensation amount(NT$) Injury benefits Car 27,169,922 72,227,034
    Motorcycle 45,057,112
    Disability benefits Car 43,052,590 119,585,535
    Motorcycle 76,532,945
    Loss of life benefits Car 101,102,668 245,482,679
    Motorcycle 144,380,011
    Total 437,295,248

    Number of Outstanding Compensation Cases

    (Unit: Cases,NT$)
    Outstanding Compensation Cases Total
    Accident type(cases) Uninsured Car 13 79
    Motorcycle 66
    Untraceable Car 12 17
    Motorcycle 5
    No consent of insured Car 0 0
    Motorcycle 0
    Insurance not required Car 5 5
    Motorcycle 0
    Total 101
    Accident result(cases) Injury Car 26 94
    Motorcycle 68
    Disability Car 0 0
    Motorcycle 0
    Loss of life Car 4 7
    Motorcycle 3
    Total 101
    Settled compensation amount(NT$) Injury benefits Car 545,584 1,972,496
    Motorcycle 1,426,912
    Disability benefits Car 0 0
    Motorcycle 0
    Loss of life benefits Car 6,201,524 10,852,667
    Motorcycle 4,651,143
    Total 12,825,163

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

    (Unit: Cases, NT$)
    Joint Liability for Insurance Benefits subject to Article 36 of the Act Total
    Injury result(cases) Injury 571
    Disability 42
    Loss of life 43
    Total 656
    The Fund Joint Liability Amount(NT$) Injury benefits 6,094,370
    Disability benefits 15,162,453
    Loss of life benefits 36,653,764
    Total 57,910,587
  • Claims

    Overview of Compensation Operations in Handling of Claims in 2016:

    In 2016, the Fund has achieved the following results in it’s claims handling operations

    (Unit: Cases,NT$)
    Accumulated No, of Outstanding Claims as of Dec. 31,2015 No. of New Cases Total No. of Case to be Processed No. of Settled Cases Accumulated No. of Outstanding Claims Claims Amount (NT$)
    1,416 1,718 3,134 1,696 1,438 80,079,683
  • Fund Utilization

    Fund Utilization as of Dec. 31. 2016

    Financial bonds Government bonds Discretionary investments Corporate bonds Deposits Exchange Traded Funds
    18.840% 4.750% 6.345% 1.579% 68.441% 0.045%

    Total Deposits and Investments at the end of 2016: NT$3,186,495,592

    (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 2016, the Fund handled 10792 inquiries. A total of questions were received and they could be categorized by the following topics:

    1. Compensation-related: 4463 /
    2. The Insurance-related: 3468 /
    3. The Fund Claims and administrative operations: 265 /
    4. The Taiwan Insurance Institute Enquiries operations: 2174 /
    5. Other inquiries: 422 /