Union Insurance Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	3,580	3,342	2,165	2,304	972.42	1,128
Investments in Equity & Preferred Securities	3,209	2,203	2,351	2,141	2,080	2,356
Other Investments	4,094	3,488	2,524	2,157	3,038	2,525
Total Investments	12,916	12,437	9,809	8,255	8,827	8,768
Cash & Equivalents	2,488	2,160	2,781	2,367	2,871	1,816
Reinsurance Recoverable	6,825	5,327	4,202	4,252	3,860	3,921
Other Receivables	1,010	665.01	563.22	622.54	680.98	668.11
Property, Plant & Equipment	1,506	1,500	1,305	1,304	1,280	1,174
Other Intangible Assets	182.26	213.97	165.17	113.37	120.57	136.98
Other Current Assets	-	525	-	-	-	-
Other Long-Term Assets	776.12	402.17	1,102	1,388	1,382	1,261
Total Assets	25,703	23,231	19,928	18,302	19,021	17,745
Accounts Payable	370.84	-	-	-	435.99	418.21
Accrued Expenses	246.15	667.97	196.35	178.34	178.45	172.9
Insurance & Annuity Liabilities	92.05	129.73	98.34	42.43	-	-
Unpaid Claims	9,077	7,175	5,993	5,771	5,101	4,482
Unearned Premiums	7,581	6,935	6,314	6,363	5,860	5,848
Reinsurance Payable	519.75	612.44	485.63	556.09	623.84	674.22
Current Portion of Leases	15.12	7.62	13.7	8.12	12.76	6.53
Current Income Taxes Payable	56.18	180.91	94.89	-	102.94	0.18
Long-Term Leases	9.19	5.73	4.23	3.81	5.5	1.34
Long-Term Deferred Tax Liabilities	62.7	63.92	63.92	63.92	63.92	63.92
Other Current Liabilities	16.32	13.8	12.41	9.84	11.02	12.91
Other Long-Term Liabilities	79.09	54.13	451.52	389.89	4.35	3.88
Total Liabilities	18,125	15,916	13,827	13,497	12,579	11,898
Common Stock	2,236	2,236	2,236	2,236	2,236	2,236
Retained Earnings	5,383	5,127	3,842	2,635	4,126	3,553
Comprehensive Income & Other	-40.24	-48.42	22.17	-66.03	79.48	58.46
Total Common Equity	7,578	7,315	6,101	4,805	6,442	5,847
Shareholders' Equity	7,578	7,315	6,101	4,805	6,442	5,847
Total Liabilities & Equity	25,703	23,231	19,928	18,302	19,021	17,745
Filing Date Shares Outstanding	223.61	223.61	223.61	223.61	223.61	223.61
Total Common Shares Outstanding	223.61	223.61	223.61	223.61	223.61	223.61
Total Debt	24.31	13.35	17.93	11.93	18.26	7.86
Net Cash (Debt)	2,463	2,147	2,763	2,355	2,853	1,808
Net Cash Growth	-13.77%	-22.30%	17.35%	-17.45%	57.76%	-3.02%
Net Cash Per Share	10.97	9.56	12.35	10.53	12.66	8.02
Book Value Per Share	33.89	32.71	27.28	21.49	28.81	26.15
Tangible Book Value	7,396	7,101	5,935	4,691	6,321	5,710
Tangible Book Value Per Share	33.08	31.76	26.54	20.98	28.27	25.54
Land	1,111	1,116	951.84	945.82	915.59	825.95
Buildings	546.02	539.36	529.26	518.15	499.06	480.2
Machinery	290.27	274.61	248.62	248.86	245.53	235.98
Leasehold Improvements	9.63	8.09	2.93	2	2	2

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.