Samsung Fire & Marine Insurance Co., LtdKRX: 000810

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

· Issued by 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.

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