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First Fire & Marine Insur. (000610) |
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STOCK |
|
|
| Address |
12-1,SEOSOMUN-DONG, JUNG-GU, SEOUL |
| Home Page |
www.firstfire.co.kr
|
| Established |
1949. 3.22 |
Tel |
1566-8282 |
| Listed |
1976. 6. 5 |
IR |
02-316-8204 |
| Common shares O/S |
26,774,374 |
President |
Kim,U Hwang/Kim,Hyeong Cheol |
| Preferred shares O/S |
|
No.of Employees |
1,462(2008. 3) |
| Original premium income continues growth at industry average level as rapid growth of long-term insurance continues through bankasurance while general non-life and automobile insurance contracts continue solid growth. Insurance business loss decreased with loss ratio improved by raised premium rate of automobile insurance though net business expenses increases temporarily. Net profit decreased as asset operation performance is slow due to stock exchange adjustment. |
| Stable growth will continue with influx of premium from renewal of more long-term contracts. Insurance income continues improvement as preceding year causes for increase in business expenses have been removed while loss ratio improves with increased share of long-term insurance and effect of raised premium of automobile contracts. Investment income will increase from increased operational assets though operational earnings ratio may decline because of stock price readjustment and financial market unrest. |
|
  |
(date: 2007.12, unit : %) |
| Name |
Kim Yeonghye |
KB Asset Mng. |
Kim Gon |
| Portion |
20.6 |
5.1 |
0.1 |
|
 |
(unit : %) |
| Revenue |
Premium Income |
81.4 |
Expenses |
Claims Paid |
34.6 |
| Claims Recovered |
7.5 |
Refund of longterm Ins. Policies |
17.4 |
| Investment Income |
4.1 |
Expenses |
13.1 |
| Other Income |
7.0 |
Investment Expenses |
|
|
 |
(Unit : 100Mn.Won,Won) |
| Year |
96. 7 |
97. 6 |
98. 6 |
99. 6 |
01. 4 |
| Type |
SD |
SD |
SD |
SD |
RI |
| Amount |
12.04 |
11.04 |
12.85 |
13.10 |
1,117.65 |
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