The Taiwan Financial Services Commission released its July 2025 insurance industry profit/loss, net value and foreign exchange data, reporting end-July pre-tax profit of TWD 42.4 billion. Life insurers generated pre-tax profit of TWD 23.2 billion, down TWD 277.3 billion (92.3%) from the same period last year, while non-life insurers posted TWD 19.2 billion, up TWD 1.1 billion (6.1%). Total owners’ equity stood at TWD 2,497.1 billion at end-July, with life insurers’ equity falling to TWD 2,342.8 billion, down TWD 327.3 billion (12.3%) year on year, and non-life insurers’ equity rising to TWD 154.3 billion, up TWD 9.2 billion (6.3%). The Taiwan dollar appreciated 9.58% against the US dollar since end-2024, and life insurers’ cumulative foreign exchange valuation reserve balance increased by TWD 14.3 billion to TWD 233.9 billion; the combined impact of exchange gains/losses, hedging gains/losses and the net effect of volatility on this reserve was TWD -597.6 billion, while the net result from overseas investments (including exchange and hedging gains/losses but excluding the net effect of volatility on the reserve) was TWD -103.5 billion.