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Lotte Non-Life Insurance Co.,Ltd. (000400)   STOCK
 
Address LOTTE INS. BLDG., NAMCHANG-DONG, JUNG-GU, SEOUL
Home Page www.lotteins.co.kr
Established 1946. 5.20 Tel 02-3455-3114
Listed 1971. 4.16 IR 02-3455-3140
Common shares O/S 42,050,000 President Kim,Chang Jae
Preferred shares O/S No.of Employees 1,366(2009. 9)
Original premium increased drastically thanks to growth of new long-term contracts with increased operating funds, sales network, and orders available from affiliated companies after acquired by Lotte Group, and reduced indemnity limit of liability insurance. Insurance sales performance improved with enhanced efficiency though loss rate rose with heavy share of marine and general liability insurance. Investment earnings increased substantially with rapid growth of operating assets and high asset operating earnings thanks to active stock market.
Rapid growth will continue with influx of continued contracts while sales organization is strengthened with more insurance planners. Performance improvement will continue with improved loss rate of general and long-term contracts while long-term growth potential is enhanced though short-term operating cost will increase due to rapid growth of long-term contracts. Investment earnings will grow steadily with adequate readjustment of portfolio while operating asset will continue rapid growth.
(date: 2009.06, unit : %)
Name HOTEL LOTTE Lotte Station Building Co.,Ltd. Aioil Insurance Co.,Ltd.
Portion 27.7 22.6 9.9
(unit : %)
Revenue Premium Income 85.5 Expenses Claims Paid 27.0
Claims Recovered 4.2 Refund of longterm Ins. Policies 15.8
Investment Income 5.3 Expenses 8.7
Other Income 5.1 Investment Expenses
(Unit : 100Mn.Won,Won)
Year 01. 2 01.12 01.12 02. 1 06. 5
Type BI CR RI RI SS
Amount 46.25  - 301.98  0.50  420.00  1,000.00