Reported about 1 year ago
Six major life insurance companies in Taiwan have collectively earned nearly 200 billion in capital gains in the first five months of the year, with the top earner being Cathay Life Insurance at 39.32 billion NT dollars. The companies capitalized on the stock market surge in May, realizing profits from stock sales. Despite facing challenges such as exchange rate fluctuations, they managed to offset losses by selling stocks at opportune times.
Source: YAHOO