LONDON – July 31, 2023 – MSIG Mingtai has announced its collaboration with Moody’s RMS, the leading global catastrophe risk modeling and solutions company, to enhance its earthquake and typhoon risk analytics through the use of Moody’s RMS Taiwan Earthquake and Typhoon risk models.
Commenting on the announcement, Chairman Yosuke Matsunobu and President Calvin Chen, MSIG Mingtai, said: “In addition to fulfilling the required evaluation standards for natural catastrophe risks as part of the wider MSI Group, using Moody’s RMS models also helps us better manage catastrophe risk accumulation, and to securely deliver our insurance services with greater peace of mind. We are committed to working closely with our clients, and by sharing valuable insights using high-quality exposure data, as a business MSIG Mingtai can help our clients to better mitigate earthquake and typhoon risks.”
Andrew Hare, Managing Director, Moody’s RMS emphasized the significance of comprehensive analysis and insights in making informed risk decisions throughout the insurance industry. He stated, "Moody's RMS is dedicated to supporting our clients' risk management requirements across all regions and geographies. Our unique combination of scientific expertise and advanced technology allows us to consistently provide the necessary information for effective risk management decisions. We are delighted to collaborate with MSIG Mingtai, a company known for delivering exceptional levels of service and support to their clients."
About MSIG Mingtai
Mingtai was established in 1961, and in 2005, Mingtai merged with the leading international insurer Mitsui Sumitomo Insurance Group, to become MSIG Mingtai. With the application of international management standards and systems, MSIG Mingtai continues to cultivate the Taiwan insurance market, from its dedication to improving service quality through to the development of its team of insurance professionals.
MSIG Mingtai cooperates closely with its parent company's business philosophy and strategic policy to explore diversified insurance products supported by its commitment to service as it builds on its position as a strong, international insurance company supporting Taiwan.