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

The pre-tax profit of insurance enterprises at the end of February 2022 was NT$98.2 billion; the pre-tax profit of life insurance enterprises was NT$92.4 billion, decreasing by NT$24.9 billion, or -21.2% compared to last year, while the pre-tax profit of non-life insurance enterprises was NT$5.8 billion, rising up by NT$1.8 billion or 45.0%.
  Owners' equity of insurance enterprises at the end of February 2022 was NT$2,398.3 billion; owners' equity of life insurance enterprises was NT$2,240.6 billion, going down by NT$108.3 billion, or -4.6% compared to last year, while owners' equity of non-life insurance enterprises was NT$157.7 billion, rising up by NT$10.2 billion or 6.9%.
  As of the end of February 2022, the NT Dollar had depreciated by 1.2% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$75.2 billion, increasing by NT$31.5 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 NT$3.9 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$185.7 billion.
Visitor: 335   Update: 2022-03-30
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