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

The pre-tax profit of insurance enterprises at the end of April 2022 was NT$183.2 billion; the pre-tax profit of life insurance enterprises was NT$176.6 billion, decreasing by NT$28.6 billion, or -13.9% compared to last year, while the pre-tax profit of non-life insurance enterprises was NT$6.6 billion, decreasing by NT$1.3 billion or -16.5%.
  Owners' equity of insurance enterprises at the end of April 2022 was NT$1,845.6 billion; owners' equity of life insurance enterprises was NT$1,699.2 billion, going down by NT$811.3 billion, or -32.3% compared to last year, while owners' equity of non-life insurance enterprises was NT$146.4 billion, going down by NT$2.6 billion or -1.7%.
  As of the end of April 2022, the NT Dollar had depreciated by 6.5% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$150.3 billion, increasing by NT$106.6 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 NT$52.3 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$482.5 billion.
Visitor: 437   Update: 2022-05-31
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