Taiwan's Financial Services Commission published January 2025 insurance industry results, reporting end-January pre-tax profit of TWD 35.7bn and owners' equity of TWD 2,748.2bn, alongside updated foreign-exchange valuation reserve and overseas investment performance for life insurers. Life insurers recorded pre-tax profit of TWD 32.1bn, up TWD 0.3bn (0.9%) year on year, while non-life insurers posted pre-tax profit of TWD 3.6bn, up TWD 0.7bn (24.1%). Owners' equity was TWD 2,594.7bn for life insurers, up TWD 369.5bn (16.6%) year on year, and TWD 153.5bn for non-life insurers, up TWD 23.8bn (18.4%). Over the same period, the Taiwan dollar appreciated 0.3% against the USD versus end-2024, lifting life insurers’ cumulative foreign exchange valuation reserve to TWD 226.3bn (up TWD 6.7bn); however, the combined impact of exchange gains and losses, hedging gains and losses, and the net effect of volatility on the reserve was TWD -25.3bn. Life insurers’ overseas investments generated net gains of TWD 69.8bn, including exchange and hedging gains and losses but excluding the net effect of volatility on the foreign exchange valuation reserve.
Taiwan Financial Services Commission 2025-02-27
Taiwan Financial Services Commission reports January 2025 insurance sector pre-tax profit of TWD 35.7bn
Taiwan's Financial Services Commission reported January 2025 insurance industry results, with pre-tax profits of TWD 35.7bn and owners' equity of TWD 2,748.2bn. Life insurers saw a 0.9% increase in pre-tax profit to TWD 32.1bn, while non-life insurers experienced a 24.1% rise to TWD 3.6bn. The Taiwan dollar appreciated 0.3% against the USD, affecting foreign exchange valuation reserves and overseas investment performance for life insurers.