Samsung Life Insurance
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Samsung Life Insurance (A032830) investor relations material

Samsung Life Insurance Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary20 Feb, 2026

Executive summary

  • Consolidated net profit for FY2025 rose 9.3% year-over-year to KRW 2.3 trillion, a record high, driven by profit-focused operations and improved fundamentals.

  • Insurance service results reached KRW 975 billion, supported by high-margin health products and better management of operating variances.

  • Investment profit totaled KRW 2 trillion, maintained despite market volatility, with a focus on ALM and risk management.

  • Shareholders' equity increased to KRW 64.8 trillion, up KRW 26.7 trillion year-to-date, mainly due to net profit and gains from Samsung Electronics share price.

Financial highlights

  • Total assets stood at KRW 351 trillion as of December 2025, with KRW 247 trillion in invested assets.

  • Insurance liabilities were KRW 201 trillion, including KRW 184 trillion for BEL, KRW 3 trillion for RA, and KRW 13.2 trillion for CSM.

  • CSM balance at year-end was KRW 13.2 trillion, up KRW 0.3 trillion, driven by new business and actuarial adjustments.

  • Dividend per share for FY2025 was KRW 5,300, an 18% increase year-over-year.

Outlook and guidance

  • Targeting new business CSM of at least KRW 3.2 trillion in 2026, up from KRW 3.1 trillion in 2025.

  • Aiming for a new business CSM multiple of 12x in 2026, up from 11x in 2025.

  • Focus on sustainable growth in core insurance and asset management, with digital and healthcare ecosystem expansion.

  • Committed to a midterm shareholder return target of 50%.

SEC share disposal gains: special dividend use?
Future CSM growth given regulatory changes?
Value-up plan: beyond treasury share cancellation?
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Q1 202615 May, 2026
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