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Reinsurance in Taiwan, Key Trends and Opportunities to 2017: New research report available at Fast Market Research


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2014-01-24 01:33:06 - Recently published research from Timetric, "Reinsurance in Taiwan, Key Trends and Opportunities to 2017", is now available at Fast Market Research

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

Full Report Details at
- www.fastmr.com/prod/764227_reinsurance_in_taiwan_key_trends_and. ..

Scope

This report provides a comprehensive analysis of the reinsurance segment in Taiwan:

* It provides historical values for Taiwan's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
* It offers a detailed analysis of the key categories in Taiwan's reinsurance segment, along with market forecasts until 2017
* It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Taiwan and its growth prospects

Reasons to Get this Report

* Make strategic business decisions using in-depth historic and forecast market data related to the Taiwanese reinsurance segment and each sector within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Taiwanese reinsurance segment
* Identify the growth opportunities and market dynamics within key product categories
* Gain insights into key regulations governing the Taiwanese insurance industry and its impact on companies and the market's future

Companies Mentioned in this Report: RGA Global Reinsurance Company Ltd, Munich Reinsurance Company, Hannover Ruck SE, Scor Global Life SE

Partial Table of Contents:

1 Executive Summary
2 Introduction
2.1 What is This Report About?
2.2 Definitions
2.3 Methodology
3 Taiwanese Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008-
4 Reinsurance Growth Dynamics and Challenges
4.1 Reinsurance Segment Size, 2008-
4.2 Reinsurance Segment Size by Type of Insurance, 2008-
5 Key Insurance Industry Trends and Drivers
5.1 Fundamental Business Drivers and Trends
5.2 Life Insurance Growth Drivers
5.3 Non-Life Insurance Growth Drivers
5.4 Personal Accident and Health Insurance Growth Drivers
6 Competitive Landscape and Strategic Insights
6.1 Overview
6.2 Leading Companies in the Taiwanese Reinsurance Segment
6.3 Central Reinsurance Corporation - Company Overview
6.3.1 Central Reinsurance Corporation - key facts
6.4 RGA Global Reinsurance Company Ltd - Company Overview
6.4.1 RGA Global Reinsurance Company Limited - key facts
6.5 Munich Reinsurance Company - Company Overview
6.5.1 Munich Reinsurance Company - key facts
6.6 Hannover Ruck SE - Company Overview
6.6.1 Hannover Ruck SE - key facts
6.7 Scor Global Life SE - Company Overview
6.7.1 Scor Global Life SE - key facts
7 Business Environment and Country Risk
7.1 Business Confidence
7.1.1 Market capitalization trend - Taiwan Stock Exchange Corp. (TWSE)
7.2 Economic Performance
7.2.1 GDP at constant prices (US$)
7.2.2 GDP per capita at constant prices (US$)
7.2.3 GDP at current prices (US$)
7.2.4 GDP per capita at current prices (US$)
7.2.5 GDP by key segments
7.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
7.2.7 Agriculture, hunting, forestry and fishing net output at current prices, as a percentage of GDP
7.2.8 Manufacturing net output at current prices (US$)
7.2.9 Manufacturing net output at current prices as a percentage of GDP
7.2.10 Mining, manufacturing and utilities at current prices (US$)
7.2.11 Mining, manufacturing and utilities at current prices as a percentage of GDP
7.2.12 Construction net output at current prices (US$)
7.2.13 Construction net output at current prices as a percentage of GDP
7.2.14 Inflation rate
7.2.15 Exports as a percentage of GDP
7.2.16 Imports as a percentage of GDP
7.2.17 Exports growth
7.2.18 Imports growth

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=764227&dt=t

About Timetric

Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at www.fastmr.com/catalog/publishers.aspx?pubid=1037

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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