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Lotte Non-Life Insurance Co.,Ltd. (000400)   STOCK
 
Address DAEHAN FIRE & MARINE INSURANCE CO.BLDG., 51-1, NAMCHANG-DONG, JUNG-GU, SEOUL
Home Page www.lotteins.co.kr
Established 1946. 5.20 Tel 02-3455-3114
Listed 1971. 4.16 IR 02-3455-3140
Common shares O/S 42,050,000 President Kim,Chang Jae
Preferred shares O/S No.of Employees 1,145(2008. 9)
Steady growth of long-term insurance contracts drove premium growth though general casualty and automobile insurance contracts. Insurance loss decreased with automobile insurance premium rates raised in the preceding year and improvement of automobile accident rate. Investment operating income decreased as management asset income rate declined with the stock market undergoing correction though management asset size increased.
Steady premium growth will continue by securing general casualty contracts through interconnected selling among group companies and by differentiating retail channels. Loss rate will decline certainly with lowered automobile insurance premium rates and boosted liability but performance will decline only limitedly as portfolio has been reshuffled around long-term insurance contracts. Investment earnings will increase with rising interest rates as interest-bearing assets increased through asset restructuring though equity asset share is higher among investment assets under management.
(date: . , unit : %)
Name Hotel Lotte Lotte Station Building Co., Ltd Daehong Communications Inc
Portion 27.7 22.6 4.6
(unit : %)
Revenue Premium Income 85.9 Expenses Claims Paid 30.1
Claims Recovered 4.3 Refund of longterm Ins. Policies 20.3
Investment Income 6.4 Expenses 8.1
Other Income 3.4 Investment Expenses
(Unit : 100Mn.Won,Won)
Year 01. 2 01.12 01.12 02. 1 06. 5
Type BI CR RI RI SS
Amount 46.25  - 301.98  0.50  420.00  1,000.00