DB Insurance : 2021 Business results & 2022 Outlook
February 21, 2022 at 02:11 am EST
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2021 Financial Results
&
2022 Business Strategy
February 21, 2022
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Disclaimer
This material was prepared for the convenience of investors and based on the figures herein have not yet completed full review by external auditors. Therefore, please note that some of the information herein may vary depending on the audit results.
The business outlook of 2022 and some information are written depending on projections analyzed from external and our own materials. This forward-looking information may vary due to various risks, uncertainties, and external forces surrounding the company. Therefore, some figures in this presentation used explicitly are subjected to change.
Certain of the statements contained herein are statements of future expectations and projections. These expectations and projections involve risks and uncertainties that are known or unknown based on current time and assumptions. Actual results, performance or events may differ materially from those in such statements due to various risks and future uncertainties. The reasons for the difference include overall economic conditions, financial market performance, frequency, depth of insurance incidents, mortality, trends, contract retention rates, interest rates, market competition, changes in laws and regulations, changes in government, regulatory policy and so on.
We have no obligation to update any forward-looking statements or forecasts contained in this document. No obligation or liability is assumed for investment results based on this document.
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Contents
Ⅰ . 2021 Key Performance
2021 Key Financials
2021 Key Results
Auto
Long-term
Investment & ALM
Capital
Ⅱ. 2022 Business Outlook
Business Environment and Strategic Direction
2022 Business Strategy
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Ⅰ . 2021 Key Performance
2021 Key Financials
2021 Key Results
Auto
Long-term
Investment & ALM
Capital
I. 2021 Key Financials
[unit: KRW bn, %, %p]
구 분
2020
2021
YoY
Direct Premium Written
1)
14,070
15,075
7.1%
Loss Ratio
83.9
82.1
1.8%p
Expense Ratio
20.8
19.6
1.2%p
Combined Ratio
104.7
101.7
3.0%p
Investment Yield
3.41
3.29
0.12%p
Net Profit before Tax
678.6
1,064.5
56.9%
Net Profit
502.2
776.4
54.6%
Total Asset
47,124
51,188
8.6%
Shareholder's Equity
6,064
6,248
3.0%
RBC(separate)
주2)
232.9
232.9
0.0%p
RBC(consolidated)
주2)
207.5
202.8
4.7%p
Including lump-sum premium
RBC ratios(stand alone/consolidated) as of Dec. 2020 are the figures after dividend payment
and subject to change after an audit
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DB Insurance Co. Ltd. published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2022 07:10:01 UTC.
DB Insurance Co Ltd, formerly Dongbu Insurance Co Ltd is a Korea-based company engaged in the provision of non-life insurance services. The Company's non-life insurance products include fire insurance, marine insurance, automobile insurance, overseas accident insurance, warranty insurance, foreign goods insurance, long-term insurance, personal pension insurance, special insurance and others. The Company also provides loan services.
DB INSURANCE CO., LTD. 
