Samsung Fire & Marine Insurance Co., Ltd. Reports Non Consolidated Earnings Results for the Month and Year to Date Period Ended June 2017
July 31, 2017 at 05:55 am EDT
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Samsung Fire & Marine Insurance Co., Ltd. reported non consolidated earnings results for the month and year to date period ended June 2017. For the month of June 2017, the company reported direct premium decreased by 0.5% year on year to KRW 1,538.6 billion. Net profit increased by 42.4% to KRW 71.5 billion.
For the year to date period ended June 2017. the company reported direct premium increased by 1.7% year on year to KRW 9,183.2 billion. Net profit increased by 51.2% to KRW 779.8 billion.
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.