In order to efficiently integrate the resources of Taiwan Insurance Guaranty Fund, set up and implement the exit mechanism, conduct off-site monitoring, strengthen the early warning system, have a good grasp of the performance of the insurance industry and help the regulator supervise and control the risks of insurance companies in a timely manner, the Fund is set up as an dedicated institution to actively carry out the functions mandated by the Insurance Law. On April 15, 2009, the Fund held its first donors’ meeting. The Articles of Taiwan Insurance Guaranty Fund were adopted on May 8, 2009, and the Fund was established on July 3, 2009 accordingly.