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Companies Financials 2851.TW
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2851.TW TWSE Reinsurance

Central Reinsurance Corp

$34,90
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Mcap
P/E
EV / Rev
Div yield
6,30 %
Op margin
ROE
13,5 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
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About

Central Reinsurance Corp provides reinsurance services, primarily generating revenue through underwriting and investment income.

Business. Central Reinsurance Corp (2851.TW) is a reinsurance company headquartered in Taiwan that operates within the Financials sector. The firm generates revenue through a premium-income model, providing reinsurance services to other insurance entities. It is primarily listed on the Taiwan Stock Exchange (TWSE). Specific details regarding operating segments or geographic revenue mix are not available.

Classification92 %
SectorFinancials
Business sectorInsurance
IndustryReinsurance
ActivityInsurance
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
13,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2851.
  • Sector rotation

    Sector1D1Mvs mkt
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    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2851.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Central Reinsurance Corp (2851.TW) is a reinsurance company headquartered in Taiwan that operates within the Financials sector. The firm generates revenue through a premium-income model, providing reinsurance services to other insurance entities. It is primarily listed on the Taiwan Stock Exchange (TWSE). Specific details regarding operating segments or geographic revenue mix are not available.

    Classification92 %
    SectorFinancials
    Business sectorInsurance
    IndustryReinsurance
    ActivityInsurance
    AI synthesis
    GENERATED

    Central Reinsurance Corp maintains a strong liquidity position, with cash and equivalents amounting to TWD 8.62 billion, representing 14.4% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, supported by a free cash flow of TWD 1.4 billion and a debt-to-equity ratio of 0.0, indicating no long-term debt obligations. This liquidity profile is well above the industry median for reinsurance firms, which typically carry higher leverage.

    Profitability metrics show a return on equity (ROE) of 13.51% and a return on assets (ROA) of 4.9%, both exceeding the industry median for reinsurance companies. These figures suggest efficient capital utilization and strong underwriting performance. The company's operating income of TWD 3.37 billion and net income of TWD 2.93 billion further support its profitability, with a net margin of 8.1%.

    The company's revenue is concentrated in its core reinsurance operations, with no disclosed geographic or segment breakdown in the latest financials. However, the absence of long-term debt and the high liquidity position suggest a relatively low exposure to geographic or operational concentration risks.

    Looking ahead, the company is projected to maintain stable growth, with no significant changes in revenue or operating income expected in the next fiscal year. The capital expenditure of TWD -39.5 million indicates a minimal investment in physical assets, consistent with the capital-light nature of the reinsurance industry.

    Risk factors for Central Reinsurance Corp are currently low, with no immediate liquidity or dilution flags detected. The company's low debt-to-equity ratio and strong cash reserves mitigate credit and liquidity risks. Additionally, the absence of dilution potential in the near term, as reflected in the diluted shares outstanding matching the basic shares, suggests no imminent equity issuance.

    Recent filings and transcripts do not indicate any material events or strategic shifts. The company's financial health and operational stability are supported by its strong liquidity and profitability metrics, with no significant regulatory or geopolitical risks currently impacting its operations.

    Key takeaways
    • Central Reinsurance Corp has a strong liquidity position with no long-term debt and a high cash reserve.
    • The company's profitability metrics, including ROE and ROA, exceed industry medians.
    • Revenue is concentrated in reinsurance operations, with no disclosed geographic or segment breakdown.
    • Growth is expected to remain stable, with minimal capital expenditures.
    • Risk factors are currently low, with no immediate liquidity or dilution concerns.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $34,90
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $21.71B
    Net cash
    $8.62B
    Current ratio
    Debt / equity
    0.0
    ROA
    4.9%
    ROE
    13.5%
    Cash conversion
    80.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE13,5 %Above P75
    D/E0,00Above median
    Cash Conv0,80Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • Central Reinsurance Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2851.TWCanonical
    TWSE · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage