By leveraging international reinsurance capacity, we overcame underwriting limitations in photovoltaic projects and achieved comprehensive risk transfer.
As Taiwan accelerates its transition to renewable energy, the scale of the solar photovoltaic industry continues to expand. However, Taiwan’s location along the Pacific Ring of Fire and within the main typhoon corridors of the Northwest Pacific exposes solar projects to frequent seismic and extreme weather risks. As a result, the domestic non-life insurance market has become increasingly conservative in its underwriting capacity for large-scale solar projects, often leaving project owners with insufficient coverage or significant retained risk.
Leveraging our strong international connectivity, we adopt an “international reinsurance–first” strategy. Through precise risk assessments and tailored loss prevention recommendations, we engage the global reinsurance market at an early stage to secure capacity. This approach enhances the confidence and participation of domestic insurers.
By implementing this innovative risk distribution model, we construct a comprehensive risk transfer chain for our clients, achieving 100% risk transfer of project assets and providing a solid financial foundation for sustainable renewable energy investments.