Heungkuk Life Insurance Co.,Ltd. Company Profile - South Korea | Financials & Key Executives

Heungkuk Life Insurance Co.,Ltd. is engaged in providing insurance products and services. The company offers life insurance, health insurance, childcare insurance, and non-life insurance products such as fire insurance, marine insurance and bacassurance. Heungkuk Life Insurance Co.,Ltd. is based in Seoul, South Korea. The company was established in 1950 and operates as a subsidiary of Taekwang Industrial Co., Ltd.

Headquarters
68, Saemunan-ro Jongno-gu Seoul
Seoul; Seoul;

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Website: http://www.heungkuklife.co.kr

Basic Information

Total Employees:

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Outstanding Shares:

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Registered Capital:

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Incorporation Date:

January 28, 1950

Key Executives

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Chairman

Ownership Details

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47.7%

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12.4%

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8.8%

Subsidiaries

Heungkuk Fire & Marine Insurance Co.,Ltd.

40.1%

Jeungpyung Sewerage Co.,Ltd.

15%

Kimpo Dream Tree Co.,Ltd.

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

69.6%▲

Net fee and commission income

11.85%▲

Operating profit (EBIT)

0.21%▲

Net Profit (Loss) for the Period

-8.48%▼

Total assets

-0.57%▼

Investments

-3.66%▼

Receivables

872.02%▲

Total equity

-24.18%▼

Net Premiums Earned Trend

N/A

Net Profit Trend

-362.41%▼

Return on Equity (ROE)

1.67%▲

Loss Ratio

52.84%▲

Underwriting Expenses Ratio

-1.32%▼

Heungkuk Life Insurance Co.,Ltd. (South Korea)