Reinsurance in Taiwan, Key Trends and Opportunities to 2019

Date: 2015-11

“• The premium accepted by the Taiwanese reinsurance segment decreased at a review-period CAGR of -6.4%.

• The decline was primarily due to the intense competition among insurers, resulting in relatively low earnings.

• Growth in conventional insurance will support reinsurance

• The premium ceded by conventional insurers is expected to grow over the forecast period, with growth in country’s economy and conventional insurance.

• Taiwan is exposed to natural hazards such as earthquakes, floods and typhoons due to its tectonic location at the intersection of the Philippines Sea Plate and the Eurasian Plate.”

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