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Competition: An Analysis of Japanese Non-Life Insurance Industry” written by Jeng, Wang,

and Hsiao (2017), respectively study the impacts of market competition and CEO turnover in

insurance industries. Furthermore, in their papers, Ho (2017) employed U.S. data whereas

Jeng, Wang, and Hsiao (2017) used Japanese data. Indeed, young Taiwanese researchers

have demonstrated their research capability on using international data to study leading

issues in the insurance literature.

In summary, the six papers accepted by this special issue demonstrates the development

of risk management and insurance in Taiwan, which ranks as top one in Asia and about the

seventh in the world.