1. Taiwan Stocks

  2. •

    Finance

  3. •

    Specialty insurance
First Insurance Co., Ltd.

First Insurance Co., Ltd.

TTWSE:2852
27.85
TWD
0.00
(0.00%)
2.91EPS
9.52P/E
8.36BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.45
16.34
16.84
18.62
19.5
20.35
20.08
19.41
21.69
23.07
24.55
25.9
25.08
25.03
Basic EPS, GAAP
2.34
1.38
0.65
1.59
1.53
1.63
1.93
0.51
1.84
1.86
2.11
3
2.92
2.92
Free Cash Flow per Basic Share
2.07
1.06
-0.09
0.95
0.4
2.16
1.28
0.7
- -
0.12
0.91
4.14
1.43
1.42
Dividend per Share
1.5
1.1
0.38
- -
0.65
0.6
0.49
0.96
0.35
1.21
0.72
1.13
2.1
- -
Book Value per Share
16.29
16.29
16.29
17.84
18.92
19.82
22.62
22.45
24.14
25.11
26.99
28.88
30.39
30.39
Tangible Book Value per Share
16.28
16.28
16.27
17.79
18.88
19.78
22.59
22.31
24
24.98
26.88
28.81
30.33
30.33
Basic Weighted Avg Shares
301
301
301
301
301
301
301
301
301
300
301
301
301
302
Sales/Revenue/Turnover
4,955
4,920
5,070
5,608
5,874
6,129
6,047
5,847
6,533
6,933
7,395
7,799
7,554
7,554
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
24
22
23
22
25
25
28
37
45
51
50
44
38
38
Net Income, GAAP
706
416
195
480
460
491
581
153
553
559
636
903
880
880
Effective Tax Rate (%)
11.03
18.08
23.21
14.98
10.71
12.76
12.46
25.77
14.31
17.2
15.67
16.33
18.43
18.43
Profit Margin (%)
14.25
8.46
3.85
8.56
7.84
8.02
9.61
2.61
8.47
8.06
8.6
11.58
11.65
11.65
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
4
4
5
5
4
3
4
4
Total Equity
4,905
4,905
4,906
5,374
5,698
5,969
6,811
6,762
7,271
7,563
8,128
8,696
9,151
9,151
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
14.77
8.48
3.98
9.33
8.31
8.42
9.09
2.25
7.88
7.53
8.11
10.74
9.86
9.86
Return on Common Equity (%)
14.77
8.48
3.98
9.33
8.31
8.42
9.09
2.25
7.88
7.53
8.11
10.74
9.86
9.86

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
301
301
301
Market Capitalization
8,689
8,071
8,357

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
5,386
4,864
4,673
Accounts Receivable, Net
933
563
462
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
6.25%
5.23%
Free Cash Flow
466.98%
1,117.88%
-65.53%
Net Income, GAAP
40.93%
63.22%
-2.56%
Sales/Revenue/Turnover
4.19%
5.37%
-3.14%
Total Cash Common Dividend
- -
56.89%
85.84%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,723
1,905
1,889
1,878
7,395
2024
1,913
2,030
1,930
1,927
7,799
2025
1,863
1,886
1,925
1,880
7,554

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.25
0.7
0.73
0.43
2.11
2024
0.85
0.91
0.83
0.42
3
2025
0.84
0.73
0.85
0.49
2.92

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.72
2024
- -
- -
- -
- -
1.13
2025
- -
- -
- -
- -
2.1

Company Description

Company Profile APIChatGPT
CEO
Hsin Qun Chen
Full Time Employees
828
Sector
Finance
Industry
Specialty insurance
Address
No. 54, Zhongxiao East Road Taipei TPE Taiwan 100
IPO Date
Nov 28, 2000
Website
firstins.com.tw
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Business
The First Insurance Co., Ltd. (2852.TW) operates as a general insurance provider in Taiwan, offering a comprehensive range of non-life insurance products and services including property and casualty insurance; fire insurance; marine cargo, hull, and liability insurance; automobile insurance; personal accident and health insurance; travel insurance; liability insurance; and reinsurance services. The company serves individual consumers, small and medium-sized enterprises, and corporate clients across Taiwan, with additional reinsurance support to other insurers. Established in 1962 and headquartered in Taipei, Taiwan, First Insurance maintains a focused domestic presence without notable international operations or subsidiaries. In recent developments, the company expanded its digital offerings with the launch of enhanced mobile app features for policy management and claims processing in 2024, aiming to improve customer accessibility amid rising demand for online insurance services. First Insurance also formed a strategic partnership with leading Taiwanese fintech firms in early 2025 to integrate insurance products into digital payment platforms, broadening distribution channels. Additionally, it completed a capital increase through a rights offering in late 2024, bolstering its solvency ratio and supporting business growth in competitive segments like auto and health insurance.