Hyundai Marine & Fire Insurance Co., Ltd.KRX: 001450

Hyundai Marine & Fire Insurance: Q1 2025 net income fell to KRW 203.9B; solvency margin stable at 159.4%

· Issued by Hyundai Marine & Fire Insurance Co., Ltd.

Q1 2025 saw operating revenue of KRW 4.2 trillion and net income of KRW 203.9 billion, with a stable solvency margin of 159.4%. Insurance premium income was strong, but net income and operating profit declined from the previous quarter. No dividend was declared due to regulatory capital constraints.

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