Taiwan News

R&M Adds Datamonitor Global P/C Insurance Report

Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed …

Rating Recap: Taiwan (P/C) Industry

Standard & Poor’s Ratings Services has released a new report, which examines Taiwan’s P/C insurance sector. S&P said the general outlook is “stable, reflecting the likelihood of continued satisfactory profitability and capital strength, and appropriate reserving.” The article “Nonlife Insurance …

Typhoon Wipha Threatens Shanghai

Typhoon Wipha, the season’s 13th named storm in the Western Pacific, is on a course to come ashore on the Chinese mainland early Wednesday morning, local time. The storm is currently over open water north of Taiwan. Sustained winds of …

S&P Sees Stability in Asia-Pacific Reinsurance Markets

Standard & Poor’s Ratings Services’ new report – “Asia-Pacific Reinsurance Markets Remain Stable Despite Softening” – indicates that ratings on global and domestic reinsurers in the Asia-Pacific markets are expected to remain stable, “reflecting regional market growth, satisfactory underwriting results, …

Zurich Unveils China Broker Initiative

Zurich Financial Services Group announced the implementation of “an innovative distribution strategy for the rapidly growing Chinese insurance market.” The giant Swiss insurer has renamed Best Harmonious Insurance Brokers Company, Ltd., as Zurich Insurance Brokers (Beijing) Limited. Zurich acquired a …

Ratings Recap: XL, Allianz Global, Taiwan Fire, Emerson Re

Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit ratings on XL Capital Ltd. and its core operating companies with a stable outlook. “The ratings on XL are based on its very strong global market presence, diversified earnings …

Global Insurance Leaders Place Growth at Top Of List

The leading overall issue facing the global insurance industry is capitalizing on new market opportunities, according to a survey of the participants at the 43rd Annual Seminar of the International Insurance Society (IIS) in Berlin, Germany. When asked, “What is …

S&P Raises Taiwan Fire & Marine Ratings to ‘BBB+’

Standard & Poor’s Ratings Services has raised its counterparty credit and insurer financial strength ratings on Taiwan Fire & Marine Insurance Co. Ltd. (TFMI) to “BBB+” from “BBB” and assigned a stable outlook. S&P said the “upgrade reflects TFMI’s consistent …

S&P Raises Taian’s Ratings

Standard & Poor’s Ratings Services has raised its insurer financial strength and counterparty credit ratings on Taian Insurance Co. Ltd. of Taiwan to “BBB+” from “BBB’ and assigned a stable outlook. “The upgrade reflects Taian Insurance’s consistent and satisfactory operating …

S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable

The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance sheets and strong growth prospects for most markets, …