Taiwan Stock Rally Drives Life Insurers to Record April Profit of NT$98.1 Billion, Net Worth Hits NT$3.3 Trillion
The Financial Supervisory Commission (FSC) announced that, driven by a 22% surge in the Taiwan stock market in April, life insurers posted a record monthly pre-tax profit of NT$98.1 billion. The first four months' profit reached NT$194.5 billion, the second-highest for the period. Life insurers' net worth at the end of April also hit a record high of NT$3.3291 trillion. Non-life insurers' pre-tax profit for the first four months was NT$20.8 billion.
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- 📰 Published: June 4, 2026 at 20:15
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(Central News Agency, reporter Su Siyun, Taipei, 4th) The Taiwan stock market surged 22% in April, boosting both profits and net worth of the life insurance industry. The Financial Supervisory Commission (FSC) stated that life insurers' pre-tax profit for April reached NT$98.1 billion, a record high for a single month, bringing the total profit for the first four months of the year to NT$194.5 billion, the second-highest for the same period. Benefiting from the rising capital market, life insurers' net worth at the end of April climbed to a historic high of NT$3.3291 trillion.
The FSC pointed out that life insurers' pre-tax profit for the first four months was NT$194.5 billion, while non-life insurers' pre-tax profit was NT$20.8 billion; the total profit for the insurance industry in the first four months was NT$215.3 billion, the second-highest on record.
FSC Insurance Bureau Deputy Director General Chen Ching-yuan stated that life insurers' April profit of NT$98.1 billion was a record high, but noted that the basis of comparison differs from the past as the industry transitioned to the new IFRS 17 standard this year. Looking at the sources of monthly profit, the main contributor was financial results at NT$92.4 billion, followed by insurance service results at approximately NT$16.5 billion, and other operating results at negative NT$11 billion.
The Insurance Bureau explained that the 22% surge in the Taiwan stock market in April boosted life insurers' financial results, leading to the impressive April profit. Observing the increase in other comprehensive income, the strong stock market performance also drove life insurers' net worth to a record high of NT$3.3291 trillion at the end of April.
Regarding hedging, the Insurance Bureau noted that the New Taiwan Dollar appreciated by about 1% in April. Without any hedging, life insurers would have faced NT$49.1 billion in foreign exchange losses. However, derivative instruments used as hedging tools generated NT$71 billion in gains. With a hedging ratio of 44.31% in April and lower costs for currency swaps (CS), the hedging tool cost for April was NT$11.4 billion. Combined with an additional NT$21 billion set aside for foreign exchange price fluctuation reserves, the total net foreign exchange loss for the life insurance industry in April was NT$10.5 billion.
Chen stated that non-life insurers' pre-tax profit for the first four months was NT$20.8 billion, primarily consisting of NT$14.6 billion from insurance service results, NT$8.6 billion from financial results, and negative NT$2.9 billion from other operating results. Non-life insurers' profit for April was NT$9 billion, and their net worth at the end of April reached NT$2.2176 trillion. (Editor: Yang Lanxuan) 1150604
The FSC pointed out that life insurers' pre-tax profit for the first four months was NT$194.5 billion, while non-life insurers' pre-tax profit was NT$20.8 billion; the total profit for the insurance industry in the first four months was NT$215.3 billion, the second-highest on record.
FSC Insurance Bureau Deputy Director General Chen Ching-yuan stated that life insurers' April profit of NT$98.1 billion was a record high, but noted that the basis of comparison differs from the past as the industry transitioned to the new IFRS 17 standard this year. Looking at the sources of monthly profit, the main contributor was financial results at NT$92.4 billion, followed by insurance service results at approximately NT$16.5 billion, and other operating results at negative NT$11 billion.
The Insurance Bureau explained that the 22% surge in the Taiwan stock market in April boosted life insurers' financial results, leading to the impressive April profit. Observing the increase in other comprehensive income, the strong stock market performance also drove life insurers' net worth to a record high of NT$3.3291 trillion at the end of April.
Regarding hedging, the Insurance Bureau noted that the New Taiwan Dollar appreciated by about 1% in April. Without any hedging, life insurers would have faced NT$49.1 billion in foreign exchange losses. However, derivative instruments used as hedging tools generated NT$71 billion in gains. With a hedging ratio of 44.31% in April and lower costs for currency swaps (CS), the hedging tool cost for April was NT$11.4 billion. Combined with an additional NT$21 billion set aside for foreign exchange price fluctuation reserves, the total net foreign exchange loss for the life insurance industry in April was NT$10.5 billion.
Chen stated that non-life insurers' pre-tax profit for the first four months was NT$20.8 billion, primarily consisting of NT$14.6 billion from insurance service results, NT$8.6 billion from financial results, and negative NT$2.9 billion from other operating results. Non-life insurers' profit for April was NT$9 billion, and their net worth at the end of April reached NT$2.2176 trillion. (Editor: Yang Lanxuan) 1150604