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

The pre-tax profit of insurance enterprises at the end of March 2022 was NT$135.6 billion; the pre-tax profit of life insurance enterprises was NT$128.8 billion, decreasing by NT$43 billion, or -25.0% compared to last year, while the pre-tax profit of non-life insurance enterprises was NT$6.8 billion, rising up by NT$1.3 billion or 23.6%.
  Owners' equity of insurance enterprises at the end of March 2022 was NT$2,349.7 billion; owners' equity of life insurance enterprises was NT$2,193 billion, going down by NT$202.2 billion, or -8.4% compared to last year, while owners' equity of non-life insurance enterprises was NT$156.7 billion, rising up by NT$6.4 billion or 4.3%.
  As of the end of March 2022, the NT Dollar had depreciated by 3.4% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$107.9 billion, increasing by NT$64.2 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$23.2 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$327.1 billion.
Visitor: 478   Update: 2022-04-28
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