Samsung Fire & Marine Insurance Announces Non-Consolidated Earnings Results for the First of Fiscal 2019
August 08, 2019
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Samsung Fire & Marine Insurance announced non-consolidated earnings results for the first of fiscal 2019. For the period, the company reported net premium earned of KRW 8,894.6 billion, year on year increase of 1.1%. Net profit was KRW 426.1 billion, year on year decrease of 36.0%.
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.