Owners’ equity of insurance enterprises at the end of October 2020 was NT$2,273.6 billion; owners’ equity of life insurance enterprises was NT$2,136.1billion, an increase of NT$261.4billion, or 13.9%, compared with the same period in 2019; the pre-tax profit of non-life insurance enterprises was NT$137.5billion, up by NT$4.8 billion or 3.6% compared with the same period in 2019.

 

As of the end of October 2020, the NT Dollar had appreciated by 3.9% versus the US Dollar from the end of 2019, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$40.5 billion, down by NT$14.1billion 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$236.4billion. 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$534.1billion.