Samsung Fire & Marine Insurance Co Ltd

Overview

Samsung Fire & Marine Insurance Co Ltd (SFMI) is a general insurance company. It provides a wide range of non-life insurance products including fire insurance, marine insurance, aviation insurance, engineering insurance, casualty insurance, liability insurance, health insurance and property insurance. The company also offers loans such as insurance policyholder loans, apartment mortgage loans and credit loans. It offers these products to individuals and corporate customers through its subsidiaries, affiliated companies, and a network of branch offices in China, Indonesia, Vietnam, the US, the UK, Singapore, China, India, the UAE, and Russia. SFMI is headquartered in Seoul, South Korea. The company reported direct premium written of KRW19,636,652 million for the fiscal year ended December 2020 (FY2020), an increase of 3.7% over that in FY2019. Its premium income was KRW20,013,295 million in FY2020, an increase of 3.4% over that in FY2019.
Key Stats
Address
14, Seocho-Daero 74-Gil, Seocho-Gu, Seocho-gu, Seoul, South Korea
Headquarters

South Korea

Contact

82 2 15885114

No of Employees

5,692

Industry

Financial Services

Ticker Symbol & Exchange​

000810 [KOSE]

Revenue (2020)

$20,052 m

4.1% (2020 vs 2019)
Net Income (2020)

$640 m

15.9% (2020 vs 2019)
Net Profit Margin

3 %

11.5% (2020 vs 2019)
Market Cap *

$10,183 m

EPS *

$17643.3

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Samsung Fire & Marine Insurance Co LtdDB Insurance Co LtdHyundai Marine & Fire Insurance Co LtdMeritz Fire & Marine Insurance Co Ltd
Key Information
Headquarters South Korea South Korea South Korea South Korea
Headquarter City Seoul Seoul Seoul Seoul
Headquarter State/Province - - - -
No. of Employees 5,692 4,684 3,208 2,155
Entity Type Public Public Public Public

Products & Services

SFMI is a general insurance company. The key products and services offered by the company include the following:

Products
  • Automobile Insurance
  • Fire Insurance
  • Marine Insurance
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Services
  • Claims Adjustment Services
  • Insurance Consulting Services
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2020 Others In September, the company was affirmed with rating of “AA-” with stable outlook by S&P.
2020 New Products/Services In November the company launched “Anyfit 2.0” a comprehensive healthcare service.
2020 New Products/Services In November, the company launched “Biz and Safe Partner” a property insurance product.
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Locations


P.T. ASURANSI SAMSUNG TUGU

Address

Plaza Bapindo Citibank Tower 25th Floor Jl.Jend, Sudirman Kav. 54-55, Jakarta
Indonesia

Telephone

62 21 29950010

Petrolimex Joint-Stock Insurance Company

Address

21st, 22nd Floor - MIPEC TOWER Building, 229 Tay Son, Dong Da District, Dong Da District, Hanoi
Vietnam

Telephone

84 4 37760867

Website

pjico.com.vn
Samsung Vina Insurance Company

Address

45th Floor, Bitexco Financial Tower, 02 Hai Tireu Street, Distict 1, Ho Chi Minh City
Vietnam

Telephone

84 8 38237812

Website

www.svi.com.vn
Samsung Reinsurance Pte. Ltd.

Address

3 Church Street,#16-03, Samsung Hub Building, Singapore
Singapore

Telephone

65 66455578

Website

www.sg-reinsurers.org.sg

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
30 Nov 2020 Samsung Fire & Marine Insurance to Form Joint Venture with Tencent (China) Partnership Tencent Holdings Ltd; Samsung Fire & Marine Insurance Co Ltd
30 May 2018 Samsung Life Insurance and Samsung Fire and Marine Insurance to Sale 9.67% Stake in Samsung Electronics Acquisition Samsung Electronics Co Ltd
18 Aug 2016 Samsung Life Insurance to Acquire Additional 8.02% Stake in Samsung Securities from Samsung Fire & Marine Insurance Acquisition Samsung Life Insurance Co Ltd Samsung Securities Co Ltd
05 Jul 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
07 Aug 2012 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
29 Nov 2009 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit