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Statistics|Motor Vehicle Accident Compensation Fund

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Statistics

  • Compensation

    Overview of Compensation Operations in 2017:

    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 101 12,825,163
    New 3,293  
    Settled 3,289 409,625,799
    Outstanding at the end 105 5,329,836
    Joint Liability for Insurance Benefits subject to Article 36 of the Act No. of Claims Insurance Benefits
    Settled 712 62,830,281

    Analysis of Claim Applications

    (Unit: Cases)
    Claim Applications Total
    Accident type(cases) Uninsured Car 540 2,552
    Motorcycle 2,012
    Untraceable Car 571 687
    Motorcycle 116
    No consent of insured Car 4 5
    Motorcycle 1
    Insurance not required Car 48 49
    Motorcycle 1
    Total 3,293
    Accident result(cases) Injury Car 1,073 3,105
    Motorcycle 2,032
    Disability Car 33 79
    Motorcycle 46
    Loss of life Car 57 109
    Motorcycle 52
    Total 3,293

    Number of Settled Claim Cases

    (Unit: Cases,NT$)
    Settled Claim Cases Total
    Accident type(cases) Uninsured Car 544 2,551
    Motorcycle 2,007
    Untraceable Car 565 680
    Motorcycle 115
    No consent of insured Car 4 5
    Motorcycle 1
    Insurance not required Car 52 53
    Motorcycle 1
    Total 3,289
    Accident result(cases) Injury Car 1,067 3,086
    Motorcycle 2,019
    Disability Car 38 87
    Motorcycle 49
    Loss of life Car 60 116
    Motorcycle 56
    Total 3,289
    Settled compensation amount(NT$) Injury benefits Car 26,758,990 80,021,496
    Motorcycle 53,262,506
    Disability benefits Car 55,328,303 125,910,867
    Motorcycle 70,582,564
    Loss of life benefits Car 94,728,528 203,693,436
    Motorcycle 108,964,908
    Total 409,625,799

    Number of Outstanding Compensation Cases

    (Unit: Cases,NT$)
    Outstanding Compensation Cases Total
    Accident type(cases) Uninsured Car 11 81
    Motorcycle 70
    Untraceable Car 18 24
    Motorcycle 6
    No consent of insured Car 0 0
    Motorcycle 0
    Insurance not required Car 0 0
    Motorcycle 0
    Total 105
    Accident result(cases) Injury Car 28 102
    Motorcycle 74
    Disability Car 0 2
    Motorcycle 2
    Loss of life Car 1 1
    Motorcycle 0
    Total 105
    Settled compensation amount(NT$) Injury benefits Car 608,244 2,215,746
    Motorcycle 1,607,502
    Disability benefits Car 0 1,441,176
    Motorcycle 1,441,176
    Loss of life benefits Car 1,672,914 1,672,914
    Motorcycle 0
    Total 5,329,836

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

    (Unit: Cases, NT$)
    Joint Liability for Insurance Benefits subject to Article 36 of the Act Total
    Injury result(cases) Injury 632
    Disability 42
    Loss of life 38
    Total 712
    The Fund Joint Liability Amount(NT$) Injury benefits 7,874,188
    Disability benefits 22,994,602
    Loss of life benefits 31,961,491
    Total 62,830,281
  • Claims

    Overview of Compensation Operations in Handling of Claims in 2017:

    In 2017, the Fund has achieved the following results in it’s claims handling operations

    (Unit: Cases,NT$)
    Accumulated No, of Outstanding Claims as of Dec. 31,2016 No. of New Cases Total No. of Case to be Processed No. of Settled Cases Accumulated No. of Outstanding Claims Claims Amount (NT$)
    1,438 1,961 3,399 1,777 1,622 70,002,983
  • Fund Utilization

    Fund Utilization as of Dec. 31. 2017

    Financial bonds Government bonds Discretionary investments Corporate bonds Deposits Exchange Traded Funds
    15.430% 4.818% 7.687% 1.550% 70.485% 0.030%

    Total Deposits and Investments at the end of 2017: NT$3,240,566,500

    (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 2017, the Fund handled 10314 inquiries. A total of questions were received and they could be categorized by the following topics:

    1. Compensation-related: 4079 /
    2. The Insurance-related: 3470 /
    3. The Fund Claims and administrative operations: 162 /
    4. The Taiwan Insurance Institute Enquiries operations: 2248 /
    5. Other inquiries: 355 /