Meritz Fire & Marine Insurance Co.,Ltd. is based in South Korea. The head office is in Seoul. The company operates in the Insurance Carriers industry. It was incorporated on October 01, 1922. The total number of employees is currently 2,843 (2026). In 2024, the company reported a net sales revenue increase of 4.4%. Its’ total assets recorded a growth of 10.04%.

Headquarters
382, Gangnam-daero Gangnam-gu Seoul
Seoul; Seoul; Postal Code: 135-080

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Website: http://www.meritzfire.com

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:

October 01, 1922

Key Executives

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Chairman

Ownership Details

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100%

Subsidiaries

Meritz Special Securing No. 1 Private Equity Investment Limited Partne

29.9%

Meritz-Hyundai Investment Real Estate Strategy No.1 Private Equity Fun

20.2%

Korea Technology Credit Bureau

15%

Company Performance

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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

4.4%▲

Net Fee and Commission Income

-58.25%▼

Operating Profit

8.96%▲

Net Profit/Loss for the Period

9.16%▲

Total Assets

10.04%▲

Investments

19.94%▲

Receivables

7.68%▲

Total Equity

4.89%▲

Net Premiums Earned Trend

N/A

Net Profit Trend

-23.64%▼

Return on Equity (ROE)

1.17%▲

Loss Ratio

2.85%▲

Underwriting Expenses Ratio

-1.41%▼

Meritz Fire & Marine Insurance Co.,Ltd. (South Korea)

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