Taiwan reinsurance prices stay moderate despite forecasts

The availability of catastrophe capacity remained strong, Gallagher Re said.

Reinsurance pricing for loss-hit programs in Taiwan remained moderate, contrary to the aggressive increases initially anticipated by reinsurers, Gallagher Re reported.

The availability of catastrophe capacity remained strong, fostering increased competition and providing favourable conditions for cedants. 

There was notable growth in market interest for risk excess of loss and pro rata treaties compared to the past two years.  

Globally, property reinsurance renewals as of 1 January, were largely orderly, supported by healthier market dynamics that ensured an adequate supply of capacity. 

Renewal outcomes, however, varied significantly, reflecting the market's tailored approach to individual account circumstances.