Taiwan
Taiwan Title
Taiwan Residential Earthquake Insurance Fund (TREIF)
Taiwan Description
Taiwan Residential Earthquake Insurance Fund (TREIF) is a not-for-profit organization, established officially on January 17, 2002, following the 921 earthquake in 1999. The quake prompted the government to set up an earthquake insurance program and build consensus to strengthen the earthquake insurance mechanism.
Residential earthquake basic insurance is a statutory insurance in Taiwan and TREIF serves as the pivotal organization of the residential earthquake insurance scheme.