Swiss Re has been granted a reinsurance branch licence from the Taiwan Ministry of Finance to operate a full branch in the country.
The company opened a liaison office in Taipei in 1995.
Swiss Re said it is the first international insurance company to operate a branch in Taiwan.
The branch, based in Taipei, will provide comprehensive reinsurance services to clients throughout Taiwan in the property and casualty as well as life and health sectors, said Swiss Re.
Judith Chen has been appointed general manager, and will also head the non-life business in Taiwan. Poh Chee Kok will lead the life & health business in Taiwan.
