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Statistics|Motor Vehicle Accident Compensation Fund

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Statistics

  • Compensation

    Overview of Compensation Operations in 2020:

    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 73 7,627,515
    New 2,918  
    Settled 2,929 393,981,773
    Outstanding at the end 62 5,744,021
    Joint Liability for Insurance Benefits subject to Article 36 of the Act No. of Claims Insurance Benefits
    Settled 741 60,691,553

    Analysis of Claim Applications

    (Unit: Cases)
    Claim Applications Total
    Accident type(cases) Uninsured Car 525 2,490
    Motorcycle 1,965
    Untraceable Car 300 367
    Motorcycle 67
    No consent of insured Car 3 5
    Motorcycle 2
    Insurance not required Car 56 56
    Motorcycle 0
    Total 2,918
    Accident result(cases) Injury Car 800 2,728
    Motorcycle 1,928
    Disability Car 34 79
    Motorcycle 45
    Loss of life Car 50 111
    Motorcycle 61
    Total 2,918

    Number of Settled Claim Cases

    (Unit: Cases, NT$)
    Settled Claim Cases Total
    Accident type(cases) Uninsured Car 524 2,496
    Motorcycle 1,972
    Untraceable Car 299 368
    Motorcycle 69
    No consent of insured Car 3 5
    Motorcycle 2
    Insurance not required Car 60 60
    Motorcycle 0
    Total 2,929
    Accident result(cases) Injury Car 799 2,735
    Motorcycle 1,936
    Disability Car 36 82
    Motorcycle 46
    Loss of life Car 51 112
    Motorcycle 61
    Total 2,929
    Settled compensation amount(NT$) Injury benefits Car 22,146,387 79,907,581
    Motorcycle 57,761,194
    Disability benefits Car 44,531,687 110,711,055
    Motorcycle 66,179,368
    Loss of life benefits Car 89,140,881 203,363,137
    Motorcycle 114,222,256
    Total 393,981,773

    Number of Outstanding Compensation Cases

    (Unit: Cases, NT$)
    Outstanding Compensation Cases Total
    Accident type(cases) Uninsured Car 10 52
    Motorcycle 42
    Untraceable Car 10 10
    Motorcycle 0
    No consent of insured Car 0 0
    Motorcycle 0
    Insurance not required Car 0 0
    Motorcycle 0
    Total 62
    Accident result(cases) Injury Car 20 59
    Motorcycle 39
    Disability Car 0 1
    Motorcycle 1
    Loss of life Car 0 2
    Motorcycle 2
    Total 62
    Settled compensation amount(NT$) Injury benefits Car 501,000 1,477,950
    Motorcycle 976,950
    Disability benefits Car 0 750,549
    Motorcycle 750,549
    Loss of life benefits Car 0 3,515,522
    Motorcycle 3,515,522
    Total 5,744,021

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

    (Unit: Cases, NT$)
    Joint Liability for Insurance Benefits subject to Article 36 of the Act Total
    Injury result(cases) Injury 676
    Disability 27
    Loss of life 38
    Total 741
    The Fund Joint Liability Amount(NT$) Injury benefits 8,929,548
    Disability benefits 14,878,214
    Loss of life benefits 36,883,791
    Total 60,691,553
  • Claims

    Overview of Compensation Operations in Handling of Claims in 2020:

    In 2020, the Fund has achieved the following results in it’s claims handling operations

    (Unit: Cases,NT$)
    Accumulated No, of Outstanding Claims as of Dec. 31,2019 No. of New Cases Total No. of Case to be Processed No. of Settled Cases Accumulated No. of Outstanding Claims Claims Amount (NT$)
    1,704 2,046 3,750 1,925 1,825 80,150,953
  • Fund Utilization

    Fund Utilization as of Dec. 31. 2020

    Financial bonds Government bonds Discretionary investments Corporate bonds Deposits Exchange Traded Funds
    17.377% 3.560% 5.343% 6.976% 66.744% 0%

    Total Deposits and Investments at the end of 2020: NT$4,329,216,206

    (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 2020, the Fund handled 8567 inquiries. A total of questions were received and they could be categorized by the following topics:

    1. Compensation-related: 3410 /
    2. The Insurance-related: 2823 /
    3. The Fund Claims and administrative operations: 217 /
    4. The Taiwan Insurance Institute Enquiries operations: 1434 /
    5. Other inquiries: 683 /