Taiwan’s biggest insurance providers experienced significant financial losses in April 2025, totaling nearly NT$19 billion ($620 million), as a result of currency market volatility. The losses were largely attributed to the uncertainty surrounding global trade policies after US President Donald Trump indicated plans to implement a wave of global trade tariffs.
The six largest insurers in Taiwan collectively recorded their worst monthly performance in 1.5 years, according to a report by the Taipei-based Economic Daily News. Nanshan Life Insurance Co. incurred the largest loss among the group, with a shortfall exceeding NT$9 billion. Notably, KGI Life Insurance Co. was the sole major insurer to avoid losses during this period.
The financial impact on Taiwan’s insurance sector highlights the sensitivity of the industry to geopolitical developments and currency fluctuations. The significant losses underscore the challenges faced by insurers in managing their investment portfolios amid uncertain global economic conditions.
