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HungKuk Ssang Yong Fire & Marine Insur. (000540) |
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STOCK |
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| Address |
226,SINMUNNO 1-GA, JONGNO-GU, SEOUL |
| Home Page |
www.insurance.co.kr
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| Established |
1948. 3.15 |
Tel |
02-2002-6000 |
| Listed |
1974.12. 5 |
IR |
02-2002-6011 |
| Common shares O/S |
49,225,448 |
President |
Kim,Jong Yeon |
| Preferred shares O/S |
921,600 |
No.of Employees |
738(2008. 3) |
| Rapid growth of long-term contracts including increased sales of bankasurance has driven growth of original premium income higher than industry average. Insurance operating loss amount decreased as business expense ratio decreased with enhanced business efficiency while loss ratio improved with raised premium rate of automobile insurance. Investment operating income is relatively slow as operating income ratio declined due to stock exchange adjustment. |
| Solid growth of premium income will continue with continued contract premium influx while maintaining high growth of new contracts following preceding year. Insurance operating income will increase with loss ratio improved by automobile contract premium rate raised in the preceding year and increased sales share of long-term contracts. Investment operating income growth will continue as operational assets will grow thanks to rapid growth of long-term contracts. |
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(date: 2007.12, unit : %) |
| Name |
Tae Kwang Ind. |
Hungkuk Life Insurance |
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| Portion |
61.4 |
0.8 |
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 |
(unit : %) |
| Revenue |
Premium Income |
81.9 |
Expenses |
Claims Paid |
31.7 |
| Claims Recovered |
9.3 |
Refund of longterm Ins. Policies |
14.7 |
| Investment Income |
3.0 |
Expenses |
15.7 |
| Other Income |
5.8 |
Investment Expenses |
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 |
(Unit : 100Mn.Won,Won) |
| Year |
~06. 3 |
07. 1 |
~07. 3 |
~08. 3 |
08. 4~ |
| Type |
CB |
RI |
CB |
CB |
CB |
| Amount |
64.80 |
500.00 |
4.09 |
123.55 |
0.07 |
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