, South Korea
/Freepik

Samsung Fire's Q3 net profit rises 13.7% YoY

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)

 

Follow the link s for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!