Taiwan Fire & Marine Insurance Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 04:57 pm
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Taiwan Fire & Marine Insurance Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced operating income was TWD 248.695 million compared to TWD 193.010 million a year ago. Net income was TWD 222.052 million compared to TWD 167.799 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 0.46 a year ago. For the nine months, operating income was TWD 685.852 million compared to TWD 622.499 million a year ago. Net income was TWD 578.501 million compared to TWD 535.480 million a year ago. Basic earnings per share was TWD 1.6 compared to TWD 1.48 a year ago. Diluted earnings per share was TWD 1.59 compared to TWD 1.47 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.