Byline: MICHAEL BRADFORD
Insurance deregulation in Taiwan has created a stable but intensely competitive and loosely disciplined property/casualty marketplace, a newly released study concludes.
The report, "Nonlife Insurance Industry Risk Analysis: Taiwan,'' published by Standard & Poor's Corp. and its Taiwan Ratings Corp. subsidiary, said deregulation implemented in 2001 has created a market that is flexible and profitable. There remain, though, concerns about the volatility brought on by increased competition.
"Regulatory changes and consolidation have been gradually reshaping the industry landscape, creating opportunities and challenges for …
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