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Samsung Fire & Marine Insurance: Net profit up 8.2% YoY, but auto and general insurance profits fell on higher loss ratios
Samsung Fire & Marine Insurance: Net profit up 8.2% YoY, but auto and general insurance profits fell on higher loss ratios

About this update from Samsung Fire & Marine Insurance Co., Ltd
Net profit rose 8.2% YoY in H1 2024, driven by strong long-term insurance growth and improved investment yield. Auto and general insurance profits declined due to higher loss ratios, while regulatory and market uncertainties remain key risks.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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