The Taiwan Financial Services Commission published March 2025 financial statistics for the insurance industry, showing end-March pre-tax profit of TWD 93.1 billion. Life insurers recorded pre-tax profit of TWD 84.9 billion, down TWD 11.1 billion (11.6%) year on year, while non-life insurers reported TWD 8.2 billion, down TWD 1.1 billion (11.8%). Owners’ equity totalled TWD 2,571.3 billion, with life insurers at TWD 2,417.2 billion (down 2.5%) and non-life insurers at TWD 154.1 billion (up 12.2%). Between end-2024 and end-March 2025, the Taiwan dollar depreciated 1.21% against the US dollar and life insurers’ cumulative foreign exchange valuation reserve rose to TWD 283.6 billion, up TWD 64.0 billion. Over the same period, the combined impact of exchange gains/losses, hedging gains/losses and the net effect of volatility on the foreign exchange valuation reserve was a net loss of TWD 49.9 billion, while net gains on overseas investments were TWD 281.4 billion including exchange and hedging effects but excluding the volatility impact.
Taiwan Financial Services Commission 2025-04-29
Taiwan Financial Services Commission reports end-March 2025 insurance pre-tax profit of TWD 93.1 billion and lower life-sector earnings
The Taiwan Financial Services Commission released March 2025 financial statistics for the insurance industry, noting a pre-tax profit of TWD 93.1 billion. Life insurers' pre-tax profit fell 11.6% year-on-year to TWD 84.9 billion, while non-life insurers' profit decreased 11.8% to TWD 8.2 billion. The Taiwan dollar depreciated 1.21% against the US dollar, with life insurers' foreign exchange valuation reserve increasing to TWD 283.6 billion, despite a net loss of TWD 49.9 billion from exchange and hedging activities.