Reported about 1 year ago
As of June 11, 2024, Fubon General Insurance has reclaimed the top spot in profit among insurance companies under financial holding groups, accumulating a post-tax net profit of NT$2.14 billion in the first five months. Cathay Century Insurance and Taiwan Fire & Marine Insurance also demonstrated strong performances, each earning NT$1 billion and NT$758 million, respectively. Fubon General Insurance attributed its success to investment performance and underwriting operations, with a significant boost in engineering insurance premiums thanks to active participation in green energy insurance services. Despite potential challenges from recognizing earthquake losses in the coming months, the insurance industry continues to perform well.
Source: YAHOO