Samsung Fire & Marine Insurance Co Ltd - Company Profile
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Samsung Fire & Marine Insurance Co Ltd (SFMI), provides a diverse array of insurance products and services. Its main activities include offering insurance solutions such as fire, marine, automobile, health, accident, liability, personal pension, and retirement pension insurance. The company also delivers comprehensive risk solution services tailored for both individual and corporate customers. These services cater to a wide range of applications, ensuring coverage across various industries. The company's products are available to customers through a network of overseas corporations located in the US, China, Indonesia, Vietnam, Europe, and Singapore. This extensive geographic presence allows the company to target a broad market. SMFI is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
14, Seocho-Daero 74-Gil, Seocho-Gu, Seoul, 06620
Website
www.samsungfire.com
Telephone
82 2 15885114
No of Employees
5,692
Industry
Financial Services
Ticker Symbol & Exchange
000810 (KRX)
Revenue (2024)
$13.4B
15.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2.7%
(2024 vs 2023)
Market Cap*
$18.9B
Net Profit Margin (2024)
XYZ
-15.6%
(2024 vs 2023)
* As of and is in US$
Samsung Fire & Marine Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Automobile Insurance | Insurance Consulting Services | Samsung Anycar |
| Fire Insurance | Claims Adjustment Services | |
| Marine Insurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In May, the company unveiled its proprietary real-time anomaly monitoring platform at the 2026 International Electric Power Industry Expo in Seoul. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement with KG Mobility to cooperate in mobility-linked business. |
| 2025 | Contracts/Agreements | In November, the company signed a memorandum of understanding with Palo Alto Networks to cooperate in the cybersecurity sector. |
Competitor Comparison
| Key Parameters | Samsung Fire & Marine Insurance Co Ltd | DB Insurance Co Ltd | Hyundai Marine & Fire Insurance Co Ltd | Meritz Fire & Marine Insurance Co Ltd | Hanwha General Insurance Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | Seoul | Seoul | Seoul | - | - |
| No. of Employees | 5,692 | 4,763 | 4,000 | - | 3,227 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Seong Woo Hong | Executive Vice President; Director | Executive Board | - | - |
| Mun Hwa Lee | Chief Executive Officer, President, Director | Executive Board | - | - |
| Seong Yeon Park | Director | Non Executive Board | 2022 | - |
| So Young Kim | Director | Non Executive Board | 2023 | - |
| Young Min Koo | Director; Executive Vice President | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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