SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Korea
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

KOREAN REINSURANCE COMPANY

Main Activities: Insurance Carriers

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
KOREAN REINSURANCE COMPANY

Headquarters
KOREANRE BLDG., 80, SUSONG-DONG, JONGNO-GU, SEOUL; Seoul; Seoul; 110140
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Financial Auditors: Deloitte Touche Tohmatsu (2011)
Incorporation Date: March 19, 1963
Total Employees: 281

Tel: 02-3702-6000

Company Description

Premium income in 1st quarter increased to 1.2897 trillion, by 10% over the preceding year same period, with increased premium of assured reinsurance and household insurance.Net profit increased over the preceding year same period with improved loss rate of overseas assured policies, increase of operation assets, and improved profitability thanks to increased earnings from equity investment.Profitability increased slightly over the preceding year same period as overall loss rate declined from the
More

Company Analysis

According to the Individual - Audited financial statement for the Year of 2012, total net operating revenues increased with 17.40%, from KRW 5,760,293,399 thousands to KRW 6,762,625,273 thousands. Operating result decreased from KRW 139,283,324 thousands to KRW 73,888,590 thousands which means -46.95% change. The results of the period decreased -59.65% reaching KRW 43,422,265 thousands at the end of the period against KRW 107,625,805 thousands last year. Return on equity (Net income/Total equity) went from 14.26% to 3.46%, the Return On Asset (Net income / Total Asset) went from 2.27% to 0.62% and the Net Profit Margin (Net Income/Net Sales) went from 1.87% to 0.64% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 454.28% compared to 529.40% of last year.

Key Executives

Park,Jong Won President
Chang,Byung Koo Non-Executive Independent Director
Kah,Jae Hwan Non-Executive Independent Director
Kang,Young Kee Non-Executive Independent Director
Lee,Yeong Tak Non-Executive Independent Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

6,963,597,229

7,432,915,386

Total Liabilities

5,707,256,134

6,102,906,614

Shareholders Equity

1,256,341,094

1,330,008,772

* All the accounts are in KRW.
Income Statement

Total Operating Revenue

6,762,625,273

3,718,819,567

Operational Profit (Loss)

73,888,590

70,113,275

Net Profit (Loss)

43,422,265

52,685,693

* All the accounts are in KRW.
Ratios
Profitability Ratios

Return on Assets (ROA)

1.03%

0.94%

Return on Equity (ROE)

3.46%

3.96%

Return on Sales (ROS)

1.39%

2.4%

Valuation figures and ratios

Bookvalue (BV)

1,256,341,095

1,330,008,772

Liquidity Ratios

Cash Flow to Debt

1.99%

3.67%

Leverage Ratios

Leverage ratio

554.28%

558.86%

Debt to equity

454.28%

458.86%

Debt to total assets

81.96%

82.11%

Market ratios

Price/Book Ratio

1.26

1.03

Trend Ratios

Revenue Trend

117.4%

111.33%

Net Income Trend

66.73%

28.29%