Hyundai Marine & Fire Insurance (001450) Q2 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2024 earnings summary
3 Mar, 2026Executive summary
Net income for 1H 2024 rose 67.6% year-over-year to KRW 833 billion, with ROE at 15.4% for the period.
Insurance service result more than doubled year-over-year, driven by strong long-term and commercial segments.
Financial highlights
Insurance service result increased 118.7% year-over-year to KRW 909 billion in 1H 2024.
Net investment income declined 20.0% year-over-year to KRW 204 billion.
Sequentially, net income dropped 25.5% from Q1 to Q2 2024.
Outlook and guidance
Forward-looking statements are based on internal expectations and market conditions, with actual results potentially differing due to market volatility.
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