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LOTTE NON-LIFE Insurance Co.,Ltd. (000400) |
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STOCK |
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| Address |
51-1, NAMCHANG-DONG, JUNG-GU, SEOUL |
| Home Page |
www.lotteins.co.kr
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| 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 |
1,148(2008. 3) |
| Growth of original premium revenue higher than industry average will continue while long-term coverage and automobile policies grow rapidly. Insurance line loss decreased with loss ratio improved by raised auto insurance premium rates though business expenses increased. Investment business earnings increased with steady growth of operating assets though operating earning ratio declined thanks to a recent adjustment of the stock market. |
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| Long-term growth and profitability will be furthered by securing general insurance revenues from Lotte group affiliates through interconnected markets with differentiated channels. Increased sales of automobile policies may worsen profitability as long-term policy market is already occupied by larger carriers. Lotte Non-Life has a relatively higher share of automobile policies. Growth of general policies will contribute to stable earnings structure though it will be difficult to enter long-term insurance markets that are already occupied by larger carriers but affect the company's profitability and growth. |
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 |
(date: 2007.12, unit : %) |
| Name |
DAEHAN CEMENT |
Huh Jaeho |
Daehan Paper Tech |
| Portion |
34.9 |
11.9 |
10.0 |
|
 |
(unit : %) |
| Revenue |
Premium Income |
86.0 |
Expenses |
Claims Paid |
30.3 |
| Claims Recovered |
3.4 |
Refund of longterm Ins. Policies |
18.6 |
| Investment Income |
5.5 |
Expenses |
8.3 |
| Other Income |
5.1 |
Investment Expenses |
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|
 |
(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 |
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