Union Insurance Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	3,581	3,342	2,165	2,304	972.42
Investments in Equity & Preferred Securities	2,820	2,203	2,351	2,141	2,080
Other Investments	4,470	3,488	2,524	2,157	3,038
Total Investments	13,180	12,437	9,809	8,255	8,827
Cash & Equivalents	2,318	2,160	2,781	2,367	2,871
Reinsurance Recoverable	6,738	5,327	4,202	4,252	3,860
Other Receivables	742.19	665.01	563.22	622.54	680.98
Property, Plant & Equipment	1,513	1,500	1,305	1,304	1,280
Other Intangible Assets	174.48	213.97	165.17	113.37	120.57
Other Current Assets	432.54	-	-	-	-
Other Long-Term Assets	358.87	927.17	1,102	1,388	1,382
Total Assets	25,457	23,231	19,928	18,302	19,021
Accounts Payable	-	-	-	-	435.99
Accrued Expenses	660.97	231.51	196.35	178.34	178.45
Insurance & Annuity Liabilities	78.46	129.73	98.34	42.43	-
Unpaid Claims	8,508	7,174	5,993	5,771	5,101
Unearned Premiums	7,144	6,935	6,314	6,363	5,860
Reinsurance Payable	644.32	612.44	485.63	556.09	623.84
Current Portion of Leases	14.79	7.62	13.7	8.12	12.76
Current Income Taxes Payable	187.87	180.91	94.89	-	102.94
Long-Term Leases	5.67	5.73	4.23	3.81	5.5
Long-Term Deferred Tax Liabilities	62.7	63.92	63.92	63.92	63.92
Other Current Liabilities	3.46	16.56	12.41	9.84	11.02
Other Long-Term Liabilities	53.23	489.29	451.52	389.89	4.35
Total Liabilities	17,407	15,916	13,827	13,497	12,579
Common Stock	2,236	2,236	2,236	2,236	2,236
Retained Earnings	5,855	5,127	3,842	2,635	4,126
Comprehensive Income & Other	-41.61	-48.42	22.17	-66.03	79.48
Total Common Equity	8,049	7,315	6,101	4,805	6,442
Shareholders' Equity	8,049	7,315	6,101	4,805	6,442
Total Liabilities & Equity	25,457	23,231	19,928	18,302	19,021
Filing Date Shares Outstanding	223.61	223.61	223.61	223.61	223.61
Total Common Shares Outstanding	223.61	223.61	223.61	223.61	223.61
Total Debt	20.46	13.35	17.93	11.93	18.26
Net Cash (Debt)	2,298	2,147	2,763	2,355	2,853
Net Cash Growth	7.04%	-22.30%	17.35%	-17.45%	57.76%
Net Cash Per Share	10.23	9.56	12.35	10.53	12.66
Book Value Per Share	36.00	32.71	27.28	21.49	28.81
Tangible Book Value	7,875	7,101	5,935	4,691	6,321
Tangible Book Value Per Share	35.22	31.76	26.54	20.98	28.27
Land	1,111	1,116	951.84	945.82	915.59
Buildings	547.52	539.36	529.26	518.15	499.06
Machinery	308.83	274.61	248.62	248.86	245.53
Leasehold Improvements	9.63	8.09	2.93	2	2

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