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Hanwha Non-Life Insurance Co.,Ltd. (000370) |
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STOCK |
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| Address |
HANWHA NON-LIFE INSURANCE, 43, TAEPYEONGNO 2-GA, SEOUL |
| Home Page |
www.hwgeneralins.com
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| 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 |
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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. |
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(date: 2007.12, unit : %) |
| Name |
Daehan Life Insurance |
Employee stock ownership association |
T.Rowe Price Int'l |
| Portion |
59.8 |
9.2 |
5.3 |
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(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 |
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(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 |
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