Samsung Fire & Marine Insurance Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:12 am EDT
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Samsung Fire & Marine Insurance Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 602,344.03 million compared to KRW 428,986.94 million a year ago. Basic earnings per share from continuing operations was KRW 14,169 compared to KRW 9,943 a year ago. Basic earnings per share was KRW 14,169 compared to KRW 10,091 a year ago.
For the six months, net income was KRW 1,215,074.77 million compared to KRW 953,887.44 million a year ago. Basic earnings per share from continuing operations was KRW 28,583 compared to KRW 22,136 a year ago. Basic earnings per share was KRW 28,583 compared to KRW 22,439 a year ago.
Samsung Fire & Marine Insurance Co Ltd is a Korea-based insurance company specialized in the non-life insurance business. The Companyâs non-life insurance products include fire insurance, marine insurance, technology insurance, automobile insurance, accident insurance, liability insurance, overseas casualty insurance, long-term insurance, personal pension insurance and enterprise insurance, among others. The Company also provides loan services, such as mortgage loans, insurance contract loans and credit loans, emergency relief and claims surveying services. The Company provides its insurance products within domestic market and to overseas markets, such as Indonesia, Brazil, China and others.