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

The pre-tax profit of insurance enterprises at the end of September 2023 was NT$187.1 billion; the pre-tax profit of life insurance enterprises was NT$174.7 billion, decreasing by NT$122.8 billion, or 41.3% compared to last year, while the pre-tax loss of non-life insurance enterprises was NT$12.4 billion, increasing by NT$122.8 billion or 111.2%.
  Owners' equity of insurance enterprises at the end of September 2023 was NT$2,086.6 billion; owners' equity of life insurance enterprises was NT$1,964.6 billion, going up by NT$1,136.1 billion, or 137.1% compared to last year, while owners' equity of non-life insurance enterprises was NT$122 billion, going up by NT$45.2 billion or 58.9%.
  As of the end of September 2023, the NT Dollar had depreciated by 4.83% against the US Dollar since the end of 2022, and the cumulative balance of foreign exchange valuation reserve of life insurance enterprises was NT$216.2 billion, decreasing by NT$12.7 billion. Meanwhile, the combined impact of exchange gains/losses, hedging gains/losses and the net effect of volatility on the foreign exchange valuation reserve of life insurance enterprises was NT$-80.7 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$589.5 billion.
Visitor: 922   Update: 2023-10-31
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