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Statistics|Motor Vehicle Accident Compensation Fund

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Statistics

  • Compensation

    Overview of Compensation Operations in 2023:

    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 78 7,449,849
    New 2,280  
    Settled 2,305 335,303,964
    Outstanding at the end 53 5,110,937
    Joint Liability for Insurance Benefits subject to Article 36 of the Act No. of Claims Insurance Benefits
    Settled 452 24,904,515

    Analysis of Claim Applications

    (Unit: Cases)

    Claim Applications Total
    Accident type(cases) Untraceable Motor Vehicle 136 186
    Motorcycle 50
    Mini-Electric Two-Wheel Vehicle 0
    Uninsured Motor Vehicle 452 2,047
    Motorcycle 1,595
    Mini-Electric Two-Wheel Vehicle 0
    No consent of insured Motor Vehicle 2 4
    Motorcycle 2
    Mini-Electric Two-Wheel Vehicle 0
    Insurance not required Motor Vehicle 37 43
    Motorcycle 6
    Mini-Electric Two-Wheel Vehicle 0
    Total 2,280
    Accident result(cases) Injury Motor Vehicle 559 2,119
    Motorcycle 1,560
    Mini-Electric Two-Wheel Vehicle 0
    Disability Motor Vehicle 23 69
    Motorcycle 46
    Mini-Electric Two-Wheel Vehicle 0
    Death Motor Vehicle 45 92
    Motorcycle 47
    Mini-Electric Two-Wheel Vehicle 0
    Total 2,280

    Number of Settled Claim Cases

    (Unit: Cases, NT$)

    Settled Claim Cases Total
    Accident type(cases) Untraceable Motor Vehicle 137 186
    Motorcycle 49
    Mini-Electric Two-Wheel Vehicle 0
    Uninsured Motor Vehicle 456 2,071
    Motorcycle 1,615
    Mini-Electric Two-Wheel Vehicle 0
    No consent of insured Motor Vehicle 2 4
    Motorcycle 2
    Mini-Electric Two-Wheel Vehicle 0
    Insurance not required Motor Vehicle 38 44
    Motorcycle 6
    Mini-Electric Two-Wheel Vehicle 0
    Total 2,305
    Accident result(cases) Injury Motor Vehicle 565 2,141
    Motorcycle 1,576
    Mini-Electric Two-Wheel Vehicle 0
    Disability Motor Vehicle 23 71
    Motorcycle 48
    Mini-Electric Two-Wheel Vehicle 0
    Death Motor Vehicle 45 93
    Motorcycle 48
    Mini-Electric Two-Wheel Vehicle 0
    Total 2,305
    Settled compensation amount(NT$) Injury benefits Motor Vehicle 20,904,408 73,478,134
    Motorcycle 52,573,726
    Mini-Electric Two-Wheel Vehicle 0
    Disability benefits Motor Vehicle 33,980,397 82,422,010
    Motorcycle 48,441,613
    Mini-Electric Two-Wheel Vehicle 0
    Death benefits Motor Vehicle 84,061,398 179,403,820
    Motorcycle 95,342,422
    Mini-Electric Two-Wheel Vehicle 0
    Total 335,303,964

    Number of Outstanding Compensation Cases

    (Unit: Cases, NT$)

    Outstanding Compensation Cases Total
    Accident type(cases) Untraceable Motor Vehicle 5 8
    Motorcycle 3
    Mini-Electric Two-Wheel Vehicle 0
    Uninsured Motor Vehicle 9 44
    Motorcycle 35
    Mini-Electric Two-Wheel Vehicle 0
    No consent of insured Motor Vehicle 0 0
    Motorcycle 0
    Mini-Electric Two-Wheel Vehicle 0
    Insurance not required Motor Vehicle 1 1
    Motorcycle 0
    Mini-Electric Two-Wheel Vehicle 0
    Total 53
    Accident result(cases) Injury Motor Vehicle 14 51
    Motorcycle 37
    Mini-Electric Two-Wheel Vehicle 0
    Disability Motor Vehicle 0 0
    Motorcycle 0
    Mini-Electric Two-Wheel Vehicle 0
    Death Motor Vehicle 1 2
    Motorcycle 1
    Mini-Electric Two-Wheel Vehicle 0
    Total 53
    Unsettled compensation amount(NT$) Injury benefits Motor Vehicle 408,646 1,488,639
    Motorcycle 1,079,993
    Mini-Electric Two-Wheel Vehicle 0
    Disability benefits Motor Vehicle 0 0
    Motorcycle 0
    Mini-Electric Two-Wheel Vehicle 0
    Death Motor Vehicle 1,811,149 3,622,298
    Motorcycle 1,811,149
    Mini-Electric Two-Wheel Vehicle 0
    Total 5,110,937

    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 430
    Disability 7
    Death 15
    Total 452
    The Fund Joint Liability Amount(NT$) Injury benefits 7,205,257
    Disability benefits 4,401,377
    Death benefits 13,297,881
    Total 24,904,515
  • Claims

    Overview of Compensation Operations in Handling of Claims in 2023:

    In 2023, the Fund has achieved the following results in it’s claims handling operations

    (Unit: Cases,NT$)

    Accumulated No, of Outstanding Claims as of Dec. 31,2022 No. of New Cases Total No. of Case to be Processed No. of Settled Cases Accumulated No. of Outstanding Claims Claims Amount (NT$)
    1,752 1,681 3,433 1,732 1,701 73,922,212
  • Fund Utilization

    Fund Utilization as of Dec. 31. 2023

    financial bonds government bonds discretionary investments corporate bonds Bank deposits Exchange Traded Funds
    22.677% 3.131% 4.779% 7.760% 61.642% 0.011%

    Total Deposits and Investments at the end of 2023: NT$4,842,021,725

    (Unit: NT$ Million)
    Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec.
    4,596 4,621 4,643 4,657 4,696 4,716 4,743 4,760 4,773 4,785 4,818 4,842
  • 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 2023, the Fund handled 3,461 inquiries. A total of 6,150 questions were received and they could be categorized by the following topics:

    1. Compensation-related: 3,128 / 50.86%
    2. The Insurance-related: 1,815 / 29.51%
    3. The Fund Claims and administrative operations: 185 / 3.01%
    4. The Taiwan Insurance Institute Enquiries operations: 785 / 12.76%
    5. Other inquiries: 237 / 3.86%
  • Fund Utilization

    Fund Utilization as of Dec. 31. 2023

    Financial bonds Government bonds Discretionary investments Corporate bonds Deposits Exchange Traded Funds
    22.677% 3.131% 4.779% 7.760% 61.642% 0.011%

    Total Deposits and Investments at the end of 2023: NT$4,842,021,725

    (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 2023, the Fund handled 6150 inquiries. A total of questions were received and they could be categorized by the following topics:

    1. Compensation-related: 3128 /
    2. The Insurance-related: 1815 /
    3. The Fund Claims and administrative operations: 185 /
    4. The Taiwan Insurance Institute Enquiries operations: 785 /
    5. Other inquiries: 237 /