Insight and Intelligence on the Global Facultative Markets

5 February 2012

Country profile: Taiwan

28 August 2009

Despite Taiwan’s large catastrophe exposures and its big commercial risks, reinsurance rates have softened in recent years as a result of low insured loss activity. Now, with the country reeling from the worst flooding in 50 years and the global slowdown in trade affecting its all-important export market, Taiwan remains uncertain which dynamics will win-out in the run-up to the 1 January 2010 renewals. While the latest catastrophe, Typhoon Morakot, may prompt greater demand for reinsurance, this may be cancelled...

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