Korean insurers post stellar earnings in Q3
November 7 2016 by InsuranceAsia News-
Hyundai Insurance’s FY24 underwriting income slumps 22% to US$245m
- February 21
Commercial business' underwriting income more than doubles, while long-term lines grow by 247.6%.
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DB Insurance underwriting profit up 4.5% to US$1.1bn
- February 21
Underwriting profit went up only because of the commercial line performance that saw a US$71m profit compared with US$85m loss last year.
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Samsung Fire & Marine’s expects ‘no impact’ on profits, capital after rejig: report
- February 21
Samsung Life is seeking to make the South Korean non-life insurer its subsidiary and clarified that it has no plans to expand its holdings.
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Seoul Guarantee scales down IPO valuation by 39% to US$1.5bn: reports
- February 17
Korean surety and credit insurer reduces its expected offer price range to US$18-22 per share from US$27-36.
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