Taiwan Fire & Marine Insurance Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 09, 2021 at 12:29 pm EDT
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Taiwan Fire & Marine Insurance Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating loss was TWD 46.479 million compared to operating Income of TWD 164.539 million a year ago. Net loss was TWD 21.160 million compared to net income of TWD 130.320 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 0.36 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.