The pre-tax profit of insurance enterprises at the end of June 2020 was NT$118 billion; the pre-tax profit of life insurance enterprises was NT$110.1 billion, an increase of NT$17.4 billion, or 18.8%, compared with the same period in 2019; the pre-tax profit of nonlife insurance enterprises was NT$7.9 billion, down by NT$0.3 billion or 3.7% compared with the same period in 2019. Owners’ equity of insurance enterprises at the end of June 2020 was NT$2,200.4 billion; owners’ equity of life insurance enterprises was NT$2,068.8 billion, an increase of NT$341.6 billion, or 19.8%, compared with the same period in 2019; the pre-tax profit of nonlife insurance enterprises was NT$131.6 billion, up by NT$4.8 billion or 3.8% compared with the same period in 2019. As of the end of June 2020, the NT Dollar had appreciated by 1.5% versus the US Dollar from the end of 2019. Meanwhile, the combined impact of exchange gains/losses, hedging gains/losses and the net effect of volatility on the foreign exchange valuation reserve of life insurance enterprises was negative NT$151.8 billion.