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Heungkuk Life Insurance Co.,Ltd. (South Korea)

Main Activities: Insurance Carriers
Full name: Heungkuk Life Insurance Co.,Ltd. Profile Updated: November 23, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Heungkuk Life Insurance Co.,Ltd. is engaged in providing insurance products and services. The company offers life insurance, health insurance, childcare insurance, and non-life insurance products such as fire insurance, marine insurance and bacassurance. Heungkuk Life Insurance Co.,Ltd. is based in Seoul, South Korea. The company was established in 1950 and operates as a subsidiary of Taekwang Industrial Co., Ltd.

Headquarters
68, Saemunan-ro Jongno-gu Seoul
Seoul; Seoul;

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Website: http://www.heungkuklife.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Ratings:
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Incorporation Date:
January 28, 1950
Key Executives
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Chairman
Ownership Details
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56.3%
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14.7%
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10.4%
Subsidiaries
Heungkuk Fire & Marine Insurance Co.,Ltd.
59.6%
Daishin-Heungkuk The First Private Equity Fund Limited Partnership
15%
Yegaram Savings Bank Co.,Ltd.
12.5%
Company Performance
Financial values in the chart are available after Heungkuk Life Insurance Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net insurance premium revenue
2.56%
Net fee and commission income
3.05%
Operating profit (EBIT)
-53.33%
Net Profit (Loss) for the Period
-57.32%
Total assets
3.34%
Investments
8.29%
Receivables
-12%
Total equity
0.45%
Net Premiums Earned Trend
N/A
Net Profit Trend
-95.82%
Return on Equity (ROE)
-2.41%
Loss Ratio
-0.44%
Underwriting Expenses Ratio
-0.48%

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