Research and Markets (http://www.researchandmarkets.com/research/3xg5z2/reinsurance_in) has announced the addition of the "Reinsurance in Taiwan, Key Trends and Opportunities to 2017" report to their offering.

In terms of gross written premium, the Taiwanese reinsurance segment declined from TWN9.3 billion (US$0.3 billion) in 2008 to TWN8.3 billion (US$0.28 billion) in 2012, at a compound annual growth rate (CAGR) of -2.9% during the review period (2008-2012).

The negative growth in the segment was partly due to intense competition in conventional insurance segments, resulting in low earnings. Fierce pricing competition among conventional insurers and low profit margins also led to declines in reinsurance premium rates, which subsequently discouraged reinsurance business in Taiwan during the review period.

However, Taiwanese insurers are looking to grow beyond Taiwan; positive economic development and government policy reforms, including the establishment of trade services with Mainland China, will support the Taiwanese reinsurance segment over the forecast period (2012-2017).

Key Highlights

- In terms of gross written premium, the Taiwanese reinsurance segment declined from TWN9.3 billion (US$300.0 million) in 2008 to TWN8.3 billion (US$280.0 million) in 2012, at a CAGR of -2.9% during the review period

- The percentage of premium ceded to reinsurers by the life insurance segment is expected to increase from 2.3% in 2012 to 3.4% in 2017

- The negative growth in the segment was partly a result of intense competition in conventional insurance, resulting in low earnings

- Competition in the insurance industry and low profit margins are leading to a reduction in reinsurance premium rates, which reduced the scope for reinsurance business in Taiwan during the review period

Key Topics Covered:

Executive Summary

Introduction

Taiwanese Insurance Industry Attractiveness

Key Insurance Industry Trends and Drivers

Competitive Landscape and Strategic Insights

Business Environment and Country Risk

Appendix

List of Tables

List of Figures

Companies Mentioned

RGA Global Reinsurance Company Ltd

Munich Reinsurance Company

Hannover Rück SE

Scor Global Life SE

For more information visit http://www.researchandmarkets.com/research/3xg5z2/reinsurance_in

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Sector: Insurance