Taiwan Fire & Marine Insurance Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 29, 2021
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Taiwan Fire & Marine Insurance Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was TWD 311.214 million compared to operating Income of TWD 209.193 million a year ago. Net loss was TWD 243.579 million compared to net income of TWD 201.353 million a year ago. Basic loss per share was TWD 0.67 compared to basic earnings per share of TWD 0.56 a year ago. For the half year, operating loss was TWD 357.693 million compared to operating Income of TWD 373.732 million a year ago. Net loss was TWD 264.739 million compared to net income of TWD 331.673 million a year ago. Basic loss per share was TWD 0.73 compared to basic earnings per share of TWD 0.92 a year ago. Diluted loss per share was TWD 0.73 compared to diluted earnings per share of TWD 0.91 a year ago.
Taiwan Fire & Marine Insurance Co., Ltd. is principally engaged in direct insurance and reinsurance services. The Company provides direct insurance services, including fire insurance, cargo transportation insurance, hull insurance, fishing boat insurance, aviation insurance, automobile insurance, cash insurance, credit and bond insurance, liability insurance, civil responsibility insurance, injury insurance, residential earthquake insurance, health insurance, commercial fire insurance, residential fire insurance and other property insurances, as well as reinsurance services. The Company operates its businesses principally in Taiwan.