Regulations for Establishment and Administration of Foreign Insurance Enterprises Article 27

With prior approval from the competent authority, a foreign insurance enterprise may transfer all or part of the insurance contracts it has entered into in the ROC to other insurance enterprises or foreign insurance enterprises.When a foreign insurance enterprise transfers all of the insurance contracts that it has entered into in the ROC, it shall be deemed to have suspended business operations.
中文原文 外國保險業設立許可及管理辦法第27條
外國保險業得經主管機關核准,移轉全部或部分在中華民國所訂立之保險契約予其他保險業或外國保險業。
外國保險業移轉在中華民國之全部保險契約時,視為停止營業。

English translation for reference only; the Chinese text prevails. Not legal advice.