Insurers’ gross profit increased by 16.9% in 2014

South Korean insurers saw their net profits jump by 16.9% in 2014. Net result of life and non life companies was set at 5.6 billion KRW (5 billion USD) compared to 4.8 billion KRW (4.5 billion USD) a year earlier.

The performance of non life insurers, (+18.5%), was better than that of life insurance (+15.7%). This increase in net income has been mainly accounted for by the good behavior of companies’ financial investments.

Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits