Staff Reporter
,
South Korea
/Freepik
Meanwhile, insurance profit dipped 7.7% YoY.
Samsung Fire & Marine Insurance’s third quarter (Q3 2024) net profit jumped 13.7% year-on-year (YoY) to $1.33b (KRW1.87t), driven by “stable long-term insurance profit and strong investment returns.”
The quarter’s insurance profit dipped 7.7% YoY to $1.21b (KRW1.7t), whilst investment profit more than doubled to $556.14m (KRW783.3b).
Meanwhile, the number of customers minimally increased 760,000 to 12.57 million.
($1.00 = KRW1403.18)
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