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Lotte Non-Life Insurance Co.,Ltd. (000400) |
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STOCK |
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| Address |
DAEHAN FIRE & MARINE INSURANCE CO.BLDG., 51-1, NAMCHANG-DONG, JUNG-GU, SEOUL |
| Home Page |
www.lotteins.co.kr
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| 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 |
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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. |
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| 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. |
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(date: . , unit : %) |
| Name |
Hotel Lotte |
Lotte Station Building Co., Ltd |
Daehong Communications Inc |
| Portion |
27.7 |
22.6 |
4.6 |
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(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 |
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(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 |
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