Supplementary updates on the new P&I regulations in Taiwan are as follows:

The Taiwan International Ports Corporation (TIPC) has now published a whitelist of 47 shipowner's insurance companies.

Effective October 15, 2025, all vessels entering or leaving Taiwanese ports must be insured by a company specified in the whitelist or one that meets the following credit ratings:

• Standard & Poor's BBB rating
• A.M. Best Company B++ rating
• Moody's Investors Service Baa2 rating
• Fitch Ratings BBB rating

※ If a vessel chooses to be insured by a company not on the whitelist but that meets the above credit ratings, relevant credit rating documentation must be provided to TIPC for verification.

If a vessel is insured by an insurance company other than those listed above, the Taiwan Maritime and Port Bureau (TMPB) will not be able to approve its port entry and departure procedures.

Additionally, for vessels that enter a port before October 15, 2025, but will depart after October 15, 2025, TIPC will require a compliant shipowner's insurance policy to be provided before departure.

The 47 shipowner's insurance companies on the whitelist announced by TIPC are as follows:

• Aurora P&I
• Great American Insurance Company
• Samsung Fire & Marine Insurance Co. Ltd.
• Maritime Mutual Insurance Association(NZ) Limited (*Application for international credit rating is in progress; temporarily approved until April 15, 2026)
• The West of England Ship Owners Mutual Insurance Association (Luxembourg)
• United Kingdom Mutual Steam Ship Assurance Association Limited
• Thomas Miller Specialty
• Eagle Ocean Marine
• Sunderland Marine
• Shinkong Insurance Co., Ltd.
• Fubon Insurance Co., Ltd.
• Assuranceforeningen Skuld
• Taiwan Fire & Marine Insurance Company, Ltd.
• Cathay Century Insurance Co., Ltd.
• Chung Kuo Insurance Co., Ltd.
• Tokio Marine Newa Insurance Co., Ltd.
• Hotai Insurance Co., Ltd.
• American International Group
• Aspen Insurance UK Limited
• Brit Syndicates Limited
• British Marine
• Gard P & I (Bermuda) Ltd.
• British Steamship Protection & Indemnity Ass Ltd
• China Pacific Property Insurance Co. Ltd.
• China Shipowner's Assurance Association
• South China Insurance Co., Ltd.
• Korea P&I Club
• Mitsui Sumitomo Insurance Co., Ltd
• People’s Insurance Company of China (PICC)
• Ping An Property & Casualty Insurance Company of China Ltd
• PVI Insurance Corp
• NorthStandard Limited
• QBE Europe SA
• Queen's Island Insurance Co., Ltd.
• Sompo Japan Insurance Inc.
• The Bank of China Group Insurance Co Ltd
• Tokio Marine & Nichido Fire Insurance Co., Ltd.
• The Britannia Steam Ship Insurance Association Limited
• American Steamship Owners Mutual Protection and Indemnity Association, Inc.
• The Standard Club Ltd.
• The Steamship Mutual Underwriting Association (Bermuda) Limited
• The Swedish Club
• MSIG Specialty Marine (MS Amlin)
• The Japan Ship Owners' Mutual Protection & Indemnity Association
• The North of England Protecting & Indemnity Association Limited
• The Shipowners' Mutual Protection & Indemnity Association (Luxembourg)

If you require port agency, chartering, or cargo handling services, or have any questions about the new P&I review regulations, please do not hesitate to contact us. We will respond to you as quickly as possible.