Owners’ equity of insurance enterprises at the end of September 2020 was NT$2,333.3 billion; owners’ equity of life insurance enterprises was NT$2,196.4 billion, an increase of NT$338.8 billion, or 18.2%, compared with the same period in 2019; the pre-tax profit of non-life insurance enterprises was NT$136.9 billion, up by NT$6.1 billion or 4.7% compared with the same period in 2019.

 

As of the end of September 2020, the NT Dollar had appreciated by 3.3% versus the US Dollar from the end of 2019, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$34.6 billion, down by NT$20 billion 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$219.3 billion. Over the same period, the overseas investments of life insurers resulted in net gains (including exchange gains/losses and hedging gains/losses, but not including the net effect of volatility on the foreign exchange valuation reserve) of NT$476.3 billion.