Samsung Fire & Marine Insurance Co Ltd (XKRX:000810)
â‚© 372000 1500 (0.4%) Market Cap: 15.58 Til Enterprise Value: 13.84 Til PE Ratio: 7.74 PB Ratio: 0.98 GF Score: 64/100
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Q2 2021 Samsung Fire & Marine Insurance Co Ltd Earnings Call (English, Korean) Transcript

Aug 12, 2021 / 01:00AM GMT
Release Date Price: â‚©215500 (-0.23%)
Chang Joon
Samsung Fire & Marine Insurance Co., Ltd. - Head of IR

Good morning. I am Joon Chang Ho, in charge of IR. Thank you for joining Samsung Fire & Marine's earnings presentation. We will begin with our CFO, Hong Seong-Woo's brief presentation on key earnings highlights and our future business, followed by a Q&A during which our C-level executives will provide the answers in reference to the earnings material we previously circulated.

We will spend around 1 hour in total, including the Q&A session. I now invite our CFO, Hong.

Hong Seong;Woo
Samsung Fire & Marine Insurance Co., Ltd. - CFO

Good morning. I am Hong Seong-Woo, the CFO. On well spread growth across our insurance underwriting and investment, first half '21 net profit was up 71.7% on year to KRW 744.1 billion, while consolidated basis pretax profit for the first half was KRW 1,032 billion outsizing last year's full year profit.

In the first half, for the long-term insurance, we employed growth strategies in order to drive net addition of

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