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Hanwha Non-Life Insurance Co.,Ltd. (000370)   STOCK
 
Address HANWHA NON-LIFE INSURANCE, 43, TAEPYEONGNO 2-GA, SEOUL
Home Page www.hwgeneralins.com
Established 1946. 4. 1 Tel 02-6366-7000
Listed 1975. 6.30 IR 02-6366-7214
Common shares O/S 30,477,244 President Gwon,Cheo Sin
Preferred shares O/S No.of Employees 1,167(2008. 3)
Growth slower than industry average is posted with decreasing automobile insurance and stagnant general insurance contracts owing to selective acceptance though many long-term contracts have been renewed. Insurance business loss decreased with loss ratio improved by raised auto insurance premium rate and with improved business expense ratio. Net profit is posted as investment business profit increased with growing operating asset and improved profitability thanks to continued influx of premium income.
Continued influx of premium from highly renewed long-term contracts will drive growth of total original premium income. Insurance business income will grow continuously with continued effect of raised auto insurance premium rates, switch of portfolio toward long-term contracts, and reinforced selective acceptance. Investment business income will continue to grow with growing assets though operating income ratio is feared to decline because of stock exchange instability.
(date: 2007.12, unit : %)
Name Daehan Life Insurance Employee stock ownership association T.Rowe Price Int'l
Portion 59.8 9.2 5.3
(unit : %)
Revenue Premium Income 80.3 Expenses Claims Paid 28.7
Claims Recovered 9.3 Refund of longterm Ins. Policies 20.9
Investment Income 4.5 Expenses 15.4
Other Income 5.9 Investment Expenses
(Unit : 100Mn.Won,Won)
Year 90. 6 01. 1 03. 2 04. 4 07. 3
Type SD RI RI CR RI
Amount 30.99  432.97  1,555.56  - 3,095.45  750.00