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Lotte Non-Life Insurance Co., Ltd. (South Korea)

Main Activities: Insurance Carriers
Full name: Lotte Non-Life Insurance Co., Ltd. Profile Updated: September 02, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English Download a sample report

Lotte Non-Life Insurance Co., Ltd. is engaged in providing specialized non-life insurance plans. The company offers fire insurance, marine insurance, automobile insurance, guarantee insurance, specialty insurance, foreign casualty insurance, long-term insurance, annuity insurance and retirement income insurance, as well as loan services. Lotte Non-Life Insurance Co., Ltd. is based in Seoul, South Korea. The company was incorporated in 1946 formerly known as Daehan Fire and Marine Insurance Co., Ltd.

Headquarters
3, Sowol-ro Jung-gu Seoul
Seoul; Seoul; Postal Code: 100778

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

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 20, 1946
Key Executives
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CEO
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Non-Executive Independent Director
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Non-Executive Independent Director
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Non-Executive Independent Director
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Assistant Managing Director
Ownership Details
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23.7%
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21.7%
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7.1%
Company Performance
Financial values in the chart are available after Lotte Non-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
11.04%
Net fee and commission income
19.11%
Operating profit (EBIT)
20%
Net Profit (Loss) for the Period
22.33%
Total assets
11.04%
Investments
12.93%
Receivables
-10.88%
Total equity
2.94%
Net Premiums Earned Trend
2.21%
Net Profit Trend
-134.59%
Return on Equity (ROE)
2.57%
Loss Ratio
1.12%
Underwriting Expenses Ratio
0.85%

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