Profit/loss, net value and exchange gains/losses of the insurance industry in June 2021
2021-07-30
The pre-tax profit of insurance enterprises at the end of June 2021 was NT$271.4 billion; the pre-tax profit of life insurance enterprises was NT$259.2 billion, increasing by NT$157.9 billion, or 155.9% over the corresponding period of last year, while the pre-tax profit of non-life insurance enterprises was NT$12.2 billion, rising up by NT$4.3 billion or 54.4%.
Owners' equity of insurance enterprises at the end of June 2021 was NT$2,784.4 billion; owners' equity of life insurance enterprises was NT$2,633 billion, going up by NT$571.2 billion, or 27.7% over the corresponding period of last year, while owners' equity of non-life insurance enterprises was NT$151.4 billion, rising up by NT$19.8 billion or 15.0%.
As of the end of June 2021, the NT Dollar had appreciated by 2.2% against the US Dollar since the end of 2020, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$31.9 billion, decreasing by NT$14.3 billion. 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$135.4 billion. Over the same period of 2021, 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$416.6 billion.
Owners' equity of insurance enterprises at the end of June 2021 was NT$2,784.4 billion; owners' equity of life insurance enterprises was NT$2,633 billion, going up by NT$571.2 billion, or 27.7% over the corresponding period of last year, while owners' equity of non-life insurance enterprises was NT$151.4 billion, rising up by NT$19.8 billion or 15.0%.
As of the end of June 2021, the NT Dollar had appreciated by 2.2% against the US Dollar since the end of 2020, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$31.9 billion, decreasing by NT$14.3 billion. 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$135.4 billion. Over the same period of 2021, 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$416.6 billion.
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Update：
2021-07-30