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Growth of Taiwanese insurers' profit in 2021

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Magazine Issue: 
Covid-19, an endless world [3]
Magazine date: 
Feb 2022

chiffre d'affaires TurquieAccording to the Financial Supervisory Commission (FSC), all Taiwanese insurers recorded an 84.3% increase of their pre-tax profits in 2021. The latter amounted to 411.1 billion TWD (14.8 billion USD).

The pre-tax profit of non-life companies reached 388.5 billion TWD (14 billion USD) against 22.6 billion TWD (815.5 million USD) for life insurance companies.

In 2021, the equity capital of local insurance companies came to 2 883 billion TWD (104.08 billion USD).

Read also | Web-only insurers to enter the Taiwanese market soon [4]

Tue, 08/02/2022 - 10:26

Source URL: https://www.atlas-mag.net/en/article/growth-of-taiwanese-insurers-profit-in-2021

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