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HungKuk Ssang Yong Fire & Marine Insur. (000540) |
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STOCK |
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| Address |
226,SINMUNNO 1-GA, JONGNO-GU,SEOUL |
| Home Page |
www.insurance.co.kr
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| Established |
1948. 3.15 |
Tel |
02-2002-6000 |
| Listed |
1974.12. 5 |
IR |
|
| Common shares O/S |
32,928,913 |
President |
Hwang,Seo Gwang |
| Preferred shares O/S |
921,600 |
No.of Employees |
609(2007. 6) |
| The saels hs slightly increased due to the weak competitiveness in the long term insurance amid the competition getting fiercer in the auto insurance which taking a high portionof sales in Mar., 2007. The operating loss has expanded due to the high cost and non operating loss amid its low margin structure in the auto insurance, taking up high sales portion, being held. The operating loss have been rduced due to the improved loss rate and the increased sales in the auto insurances thanks to the high growth of EU direct in 2007. |
| It has been acquired by Taekwang but its market share is at low. the sales will go up with its intensified operation through new channels and active operation on the long term insurances. The profit structure will be improved due to its turning into the long term insurance of high margin from the auto insurances. |
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(date: 2007.06, unit : %) |
| Name |
Tae Kwang Ind. |
Hungkuk Life Insurance |
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| Portion |
61.5 |
0.8 |
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 |
(unit : %) |
| Revenue |
Premium Income |
80.5 |
Expenses |
Claims Paid |
31.9 |
| Claims Recovered |
8.8 |
Refund of longterm Ins. Policies |
15.4 |
| Investment Income |
3.1 |
Expenses |
16.4 |
| Other Income |
7.6 |
Investment Expenses |
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 |
(Unit : 100Mn.Won,Won) |
| Year |
06. 2 |
~06. 3 |
07. 1 |
~07. 3 |
07. 4~ |
| Type |
RI |
CB |
RI |
CB |
CB |
| Amount |
450.00 |
64.80 |
500.00 |
4.09 |
121.60 |
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