Central Reinsurance Corporation

Central Reinsurance Corporation (Central Re) is a financial institution that provides reinsurance products to the insurance companies. Its product portfolio is categorized into non-life insurance and life insurance products. The company`s non-life insurance products include fire insurance, marine & aviation insurance, casualty insurance, motor insurance, engineering insurance and residential earthquake insurance. The life insurance products of the company include health insurance personal accident insurance and life insurance. Moreover, the company also provides risk management services to its clients. The company offers professional analysis, which assists its clients in mitigating hazards thereby improving the overall level of risk management at their properties. The company mainly serves the domestic insurance market of Taiwan. The company is headquartered at Taipei, Taiwan.The company reported revenues of (Taiwanese Dollars) TWD 14,590.73 million during the fiscal year ended December 2008, an increase of 1.29% over 2007. The operating profit of the company was TWD 296.09 million during the fiscal year 2008, a decrease of 80.92% from 2007. The net profit of the company was TWD 213.61 million during the fiscal year 2008, a decrease of 83.04% from 2007.