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Samsung Fire & Marine Insurance (000810) investor relations material
Samsung Fire & Marine Insurance Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a significant turnaround in H1 2026, with consolidated net income of KRW 1,372.3 billion and pre-tax profit of KRW 1,850.8 billion, driven by robust insurance and investment profit growth and a profit-driven strategy across all business lines.
S&P Global upgraded the credit rating from AA- to AA (Stable) in July 2026, marking a first for a Korean private company.
Maintained industry-leading solvency and credit ratings, with S&P AA/AA- and A.M.Best A++ for over a decade.
Continued strong market leadership in Korea, with a 22.4% share of the non-life insurance market in Q1 2026.
Organizational realignment and AI transformation initiatives underway to drive productivity and future growth.
Financial highlights
Insurance profit rose 10.9% year-over-year to KRW 1,114.5 billion in H1 2026; investment profit increased 22% to KRW 788 billion.
Pre-tax consolidated profit reached KRW 1,850.8 billion; net profit attributable to majority interest was KRW 1,372.3 billion, up 10.2% year-over-year.
Insurance revenue for H1 2026 was KRW 9,426.8 billion; consolidated revenue was KRW 13,137.7 billion.
Total assets at June 30, 2026: KRW 115.5 trillion; total equity: KRW 36.2 trillion.
Direct written premium totaled KRW 11.18 trillion, up 2.9% year-over-year.
Outlook and guidance
Plans to enhance future value by focusing on insurance profit, top line recovery in health insurance, maximizing channel productivity, and stable capital adequacy.
Targeting a 50% dividend payout ratio by FY2028, with a focus on stable cash dividends.
Continued focus on digital transformation, overseas expansion, and risk management.
- Insurance profit and CSM grew in 2023 as investment profit declined.000810
H2 2023 - Q1 net profit rose 4.4% YoY with strong capital adequacy and payout ratio set to reach 50% by FY28.000810
Q1 2026 - Pre-tax profit rose 1.4% to KRW 2,783.3 billion, led by investment gains despite insurance declines.000810
Q4 2025 - Net profit rose to 1.78tn KRW as investment gains and insurance revenue increased.000810
Q3 2025 - H1 2025 net income reached KRW 1,247.4B, capital strong, and major global acquisition announced.000810
Q2 2025 - Net profit up 13.8% YoY to KRW 1.87 trillion, with strong capital adequacy and investment returns.000810
Q3 2024 - Net profit up 8.2% YoY in H1 2024, with strong capital adequacy and stable dividends.000810
H1 2024 - Q1 2025 net profit fell 13.2% to 608bn KRW, with strong capital and rising shareholder returns.000810
Q1 2025 - Net profit up 14% YoY, with strong investment returns and higher shareholder payouts planned.000810
Q4 2024
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