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Profit/loss, net value and exchange gains/losses of the insurance industry in January 2022

The pre-tax profit of insurance enterprises at the end of January 2022 was NT$69 billion; the pre-tax profit of life insurance enterprises was NT$65.1 billion, increasing by NT$3.8 billion, or 6.2% compared to last year, while the pre-tax profit of non-life insurance enterprises was NT$3.9 billion, rising up by NT$1.8 billion or 85.7%.
  Owners' equity of insurance enterprises at the end of January 2022 was NT$2,579.7 billion; owners' equity of life insurance enterprises was NT$2,422.6 billion, going down by NT$17.7 billion, or -0.7% compared to last year, while owners' equity of non-life insurance enterprises was NT$157.1 billion, rising up by NT$12.8 billion or 8.9%.
  As of the end of January 2022, the NT Dollar had depreciated by 0.5% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$54.3 billion, increasing by NT$10.6 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$3.2 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$101.8 billion.
Visitor: 388   Update: 2022-03-01
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