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

Main Activities: Insurance Carriers
Full name: Meritz Fire & Marine Insurance Co.,Ltd. Profile Updated: December 01, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Meritz Fire & Marine Insurance Co.,Ltd. is engaged in providing of non-life insurance services. The company's services includes auto, fire, casualty, health, travel, leisure, retirement, and pension insurance. Meritz Fire & Marine Insurance Co.,Ltd. is based in Seoul, South Korea. The company was incorporated in 1922 formerly known as Dong-yang Insurance Co., Ltd.

Headquarters
382, Gangnam-daero Gangnam-gu Seoul
Seoul; Seoul; Postal Code: 135934

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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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Ratings:
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Incorporation Date:
October 01, 1922
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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53.4%
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4.6%
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0.2%
Subsidiaries
Han Jin Transportation
51%
Company Performance
Financial values in the chart are available after Meritz Fire & Marine 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
11.17%
Net fee and commission income
3.91%
Operating profit (EBIT)
33.29%
Net Profit (Loss) for the Period
36.79%
Total assets
6.03%
Investments
5.99%
Receivables
-15.11%
Total equity
-5.64%
Net Premiums Earned Trend
-6.16%
Net Profit Trend
-23.59%
Return on Equity (ROE)
4.97%
Loss Ratio
-0.42%
Underwriting Expenses Ratio
-3.1%

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