Menu
Skip to main content block
:::
:::

Press Release

Main Content

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

The pre-tax profit of insurance enterprises at the end of May 2022 was NT$159.9 billion; the pre-tax profit of life insurance enterprises was NT$169.5 billion, decreasing by NT$52.5 billion, or -23.6% compared to last year, while the pre-tax loss of non-life insurance enterprises was NT$9.6 billion, decreasing by NT$18.9 billion or -203.2%.
  Owners' equity of insurance enterprises at the end of May 2022 was NT$1,775 billion; owners' equity of life insurance enterprises was NT$1,647.2 billion, going down by NT$810.2 billion, or -33% compared to last year, while owners' equity of non-life insurance enterprises was NT$127.8 billion, going down by NT$19.7 billion or -13.4%.
  As of the end of May 2022, the NT Dollar had depreciated by 4.97% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$130 billion, increasing by NT$86.3 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 NT$19 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$489.8 billion.
Visitor: 784   Update: 2022-06-30
Top