Jimmy Tsai speaks with The Insurer TV about Taiwan’s property reinsurance market ahead of 1.1
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Howden Re’s Jimmy Tsai, Managing Director, Taiwan, spoke with George Abbott at The Insurer TV about the tone of the Taiwan and wider Asia reinsurance markets heading into 1.1.
Jimmy highlighted that softening market conditions are emerging across Asia, mirroring trends in Europe and the US — but Taiwan remains relatively disciplined, attracting strong capacity and continued interest from reinsurers.
He noted that:
- Loss-free programmes are benefitting most from new capacity, while loss-hit programmes remain under tighter scrutiny.
- Abundant capacity, with some programmes oversubscribed by more than 100%, is creating healthy competition among reinsurers.
- Taiwan’s strong data quality and transparency continue to make it one of the most trusted and attractive markets for international reinsurers.
- While clients maintain high expectations on pricing reductions, discipline and data-driven confidence remain key to sustainable outcomes.
Jimmy also discussed how secondary perils, such as urban flooding, are increasingly on reinsurers’ radar — though local perception of risk remains shaped by traditional perils like typhoon and earthquake.
“The balance of power is gradually shifting from reinsurers to cedents,” Jimmy said, “as more capacity returns to the market and competition intensifies across Asia.”
Watch Jimmy's interview here