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Green Fire & Marine Insurance (000470) |
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STOCK |
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| Address |
SEOUL CITY TOWER,581,NAMDAEMUNNO 5-GA, JUNG-GU, SEOUL |
| Home Page |
www.greenfire.co.kr
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| Established |
1947. 1.17 |
Tel |
02-3788-2000 |
| Listed |
1975. 6.30 |
IR |
02-3788-2273 |
| Common shares O/S |
14,428,072 |
President |
Lee,Yeong Du |
| Preferred shares O/S |
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No.of Employees |
905(2008. 3) |
| Revenue of original contract premiums increased thanks to newly explored channels including augmented bankasurance sales and launch of auto coverage policies. Insurance business loss increased as general damage coverage loss rate increased while business operation expenses increased though automobile premium rate rose and long-term policy sales grow steadily. High earnings have been posted for asset management service which has gained advantage. |
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| Rapid growth will continue by strengthening close sales in different regions by reshuffling organization while bankasurance sales remain active thanks to relatively higher expected interest rates. Insurance business profitability will improve thanks to economic size benefit attributable to growth of long-term policies while auto policy premium rate increased and loss ratio improves by selective acceptance. Performance may vary more significantly than competition as ratio of investment in equity and beneficiary certificates is high in asset portfolio. |
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 |
(date: 2007.12, unit : %) |
| Name |
ENHANCEMENT CONSULTING KOREA CO.,LTD |
Jang Hongseon |
Reader's Choice |
| Portion |
26.1 |
15.2 |
4.3 |
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 |
(unit : %) |
| Revenue |
Premium Income |
69.9 |
Expenses |
Claims Paid |
24.6 |
| Claims Recovered |
6.2 |
Refund of longterm Ins. Policies |
13.2 |
| Investment Income |
3.0 |
Expenses |
11.0 |
| Other Income |
21.0 |
Investment Expenses |
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 |
(Unit : 100Mn.Won,Won) |
| Year |
04. 7 |
~06. 3 |
~07. 3 |
~08. 3 |
08. 3 |
| Type |
RI |
CB |
CB |
CB |
RI |
| Amount |
25.00 |
15.00 |
75.00 |
15.96 |
110.44 |
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