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.
Taiwan News and Events
News and Events
Munich Re is the lead reinsurer for the TREIF Earthquake Excess of Loss Reinsurance program. On March 19, 2026, Dr. Achim Kassow, Member of the Board of Management of Munich Re Group, accompanied by Roland Eckl, Serene Chan, Markus Eisenkolb, and Kevin Kuo, paid an exclusive visit to TREIF. During the meeting, TREIF and Munich Re engaged in a productive exchange, reaffirming their strong business partnership and committing to long-term collaboration. The two parties also discussed the adjustments made to disaster insurance systems across various countries in the aftermath of major catastrophes.
As of 31 August 2026, the cumulative liability amount for the residential earthquake insurance system was NT$6,463,539,608,898. There were 3,843,299 policies in force, representing a take-up rate of 40.00% (based on a total of 9,609,202 households in Taiwan).