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Taiwan urged to buy catastrophe insurance, cat bonds might suit

The government of Taiwan is being urged to purchase insurance protection against natural disasters and catastrophe events, such as earthquakes and typhoons which affect Taiwan every year, as a way to lower the burden of reconstruction on public money.Over the past 14 years the government of Taiwan has spent around read the full article →

Taiwan considering catastrophe bonds in response to Japan quake

Certain Taiwanese news sources are reporting that the possibility of using catastrophe bonds as a way to spread the risk of earthquakes in Taiwan has been discussed within government circles. The topic was raised by legislators in a question to an executive of the Taiwan Financial Supervisory Commission (FSC) on read the full article →