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

Press Release

Main Content

Profit/loss, net value and exchange gains/losses of the insurance industry in February 2023

The pre-tax profit of insurance enterprises at the end of February 2023 was NT$-25.4 billion; the pre-tax profit of life insurance enterprises was NT$-25.3 billion, decreasing by NT$117.7 billion, or 127.4% compared to last year, while the pre-tax loss of non-life insurance enterprises was NT$-0.1 billion, decreasing by NT$5.9 billion or 101.7 %.
  Owners' equity of insurance enterprises at the end of February 2023 was NT$1,865.4 billion; owners' equity of life insurance enterprises was NT$1,795.4 billion, going down by NT$445.2 billion, or 19.9% compared to last year, while owners' equity of non-life insurance enterprises was NT$70 billion, going down by NT$87.7 billion or     55.6%.
  As of the end of February 2023, the NT Dollar had appreciated by 0.75% against the US Dollar since the end of 2022, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$207.9 billion, decreasing by NT$21 billion. Meanwhile, the combined impact of exchange gains/losses, hedging gains/losses and the net effect of volatility on the foreign exchange valuation reserve of life insurance enterprises was NT$-77.3 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$42.1 billion.
Visitor: 1098   Update: 2023-03-28
Top