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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 3, 2026

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2024: Hualien Earthquake

HualienEarthquake
Earthquake impact manageable for Taiwan's P&C sector despite BI exposure: S&P Global
May 15 2024
Taiwan's insurance industry stands firm in the aftermath of the Hualien earthquake, with state-backed funds and reinsurance mitigating potential losses.
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Taiwan's government allocates US$878m for Hualein earthquake recovery efforts
May 3 2024
NT$28.55bn (US$878m) allocated with a focus on public infrastructure, private homes, and economic revitalisation.
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TSMC estimates US$92.44m loss from Hualien earthquake
April 20 2024
Lack of structural damage at world's largest semiconductor manufacturer helps minimise BI losses.
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Strict and well-enforced building codes key to minimising Hualien earthquake losses: Guy Carp
April 15 2024
Disaster preparedness helps mitigate impact of the largest earthquake to hit the island in 25 years.
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Taiwan earthquake losses unlikely to exceed those of 2016 Meinong quake: AM Best
April 11 2024
Industry estimates have varied dramatically, but AM Best anticipates insurance losses from 3 Apr earthquake will not exceed Meinong earthquake's US$500m in losses.
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Taiwan earthquake highlights importance of disaster resilience: Moody's Analytics
April 10 2024
While possibilities of semiconductor production delays remain, lessons learned from 1999 Jiji earthquake have made Taiwan more resilient.
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Taiwan's property insurers poised to maintain stability despite early industry loss estimates up to US$8bn
April 8 2024
Early loss estimates vary from hundreds of millions up to US$8bn, but industry should be well positioned to absorb impact.
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Taiwan earthquake: insurers brace for BI claims with tech operations disrupted
April 4 2024
Moody's predicts minor economic impact, while AM Best says ''significant amount' of any insurance losses could come from business interruption.
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Taiwan shaken by strongest earthquake in 25 years
April 3 2024
Magnitude 7.4 earthquake causes damage and disruptions, with tsunami warnings issued and later withdrawn in Japan and The Philippines.
The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.