News Regional25 Sep 2019

Taiwan:Life insurers see 43% jump in profit

Taiwanese insurers posted a NT$101bn ($3.25bn) pre-tax profit at the June 2019 with NT$92.7bn from life insurers and NT$8.3bn from non-life insurers. While life insurers saw a 43% increase in pre-tax profit compared with the same period in 2018, non-life insurers did not fare as well and saw a 10.1% drop in profit according to a monthly publication from local regulator Financial Supervisory Commission (FSC).

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