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Samsung Fire & Marine Insurance (000810) investor relations material

Samsung Fire & Marine Insurance Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary13 Aug, 2025

Executive summary

  • First half consolidated pretax profit was KRW 1,664.9 billion, down 3.4% year-over-year, with net income attributable to majority shareholder at KRW 1,045.6 billion.

  • Net profit for 1H FY2025 reached 1.25tn KRW, supported by strong investment gains despite a decline in insurance profits year-over-year.

  • Operating profit was 1.65tn KRW, down 3.8% year-over-year, while investment profit rose 24.4% to 646bn KRW.

  • Q1 profit declined 10.4% year-over-year, but Q2 profit rebounded by 4.5% to KRW 842.6 billion.

  • All business divisions focused on strengthening core competitiveness and enhancing shareholder value, including share cancellation and additional stake acquisition in Canopius.

Financial highlights

  • Insurance profit for 1H FY2025 was 1,005bn KRW, down 16.1% year-over-year; investment profit increased 24.4% to 646bn KRW.

  • Insurance revenue grew 9.4% year-over-year to 9.2tn KRW, while insurance expenses rose 17.8%.

  • Investment yield improved to 3.64%, up 0.14 percentage points year-over-year; investment profit rose 5.6% to KRW 1,505.2 billion.

  • Auto insurance revenue slightly declined 1.1% year-over-year to KRW 2,765 billion; profit dropped 79.5% to KRW 30.7 billion.

  • P&C insurance revenue grew 5.9% year-over-year to KRW 847.3 billion, but profit declined 8.3% to KRW 106.8 billion due to higher loss ratio.

Outlook and guidance

  • Focus in H2 on quality revenue from high CSM margin products and operational efficiency to strengthen profitability.

  • Auto insurance to pursue profit-focused pricing, enhanced claims management, and new growth models for sustainability.

  • P&C to strengthen pricing, diversify portfolio, and enhance accident prevention for balanced growth.

  • Asset management to prioritize risk management, asset quality, and portfolio diversification for stable profits.

  • Plans for progressive increases in shareholder returns and annual cancellation of 2.5–3.0% of treasury shares over four years.

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Frequently asked questions

Samsung Fire & Marine Insurance Co., Ltd. is a South Korea-based company engaged in providing a range of insurance products and services. The company offers property and casualty insurance, life and health insurance, and reinsurance solutions to individual and corporate clients. Its portfolio includes auto, fire, marine, and liability insurance policies, along with risk management services. The company is headquartered in Seoul, South Korea, and its shares are listed on the KRX.

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