#Latest news with #NanshanLifeBloomberg13-05-2025BusinessBloombergTaiwan Insurers Hit by Losses in April on US Dollar SlumpTaiwan's biggest insurers posted a total loss of NT$18.7 billion ($620 million) in April due to currency volatility after US President Donald Trump warned of a wave of global trade tariffs. The insurers suffered the the worst shortfall for a single month in 1 1/2 years, Taipei-based Economic Daily News reported. Among the six biggest, Nanshan Life Insurance Co. posted the largest loss at more than NT$9 billion. KGI Life Insurance Co. was the only one among the largest to avoid a hit.
Bloomberg13-05-2025BusinessBloombergTaiwan Insurers Hit by Losses in April on US Dollar SlumpTaiwan's biggest insurers posted a total loss of NT$18.7 billion ($620 million) in April due to currency volatility after US President Donald Trump warned of a wave of global trade tariffs. The insurers suffered the the worst shortfall for a single month in 1 1/2 years, Taipei-based Economic Daily News reported. Among the six biggest, Nanshan Life Insurance Co. posted the largest loss at more than NT$9 billion. KGI Life Insurance Co. was the only one among the largest to avoid a hit.
13-05-2025
