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

The pre-tax profit of insurance enterprises at the end of September 2022 was NT$187.1 billion; the pre-tax profit of life insurance enterprises was NT$297.5 billion, decreasing by NT$62.2 billion, or -17.3% compared to last year, while the pre-tax loss of non-life insurance enterprises was NT$-110.4 billion, decreasing by NT$129.4 billion or -681.1%.
  Owners' equity of insurance enterprises at the end of September 2022 was NT$905.3 billion; owners' equity of life insurance enterprises was NT$828.5 billion, going down by NT$1,730.2 billion, or -67.6% compared to last year, while owners' equity of non-life insurance enterprises was NT$76.8 billion, going down by NT$76.2 billion or -49.8%.
  As of the end of September 2022, the NT Dollar had depreciated by 12.8% against the US Dollar since the end of 2021, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$274.6 billion, increasing by NT$230.9 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$94.4 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$986.5 billion.
Visitor: 482   Update: 2022-10-25
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