Samsung Fire & Marine Insurance Co., Ltd. Announces Earnings Results for the Fourth Quarter of 2018
February 20, 2019 at 02:00 am EST
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Samsung Fire & Marine Insurance Co., Ltd. announces earnings results for the fourth quarter of 2018. For the period, the company reported the net profit saw a growth of 1.4% year-on-year to achieve KRW 1,057.1 billion. The investment profit grew 6.7% year-on-year.
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.