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First Fire & Marine Insur. (000610)   STOCK
 
Address 12-1,SEOSOMUN-DONG, JUNG-GU,SEOUL
Home Page www.firstfire.co.kr
Established 1949. 3.22 Tel 1566-8282
Listed 1976. 6. 5 IR
Common shares O/S 26,774,374 President Kim,U Hwang/Kim,Hyeong Cheol
Preferred shares O/S No.of Employees 1,296(2007. 6)
The insuarance operating profit has increased due to the improved loss rate in the auto insurance amid the growth centered on the long term insurance and the premium increase amid the alteration of the insurance regime. The net profit has sharply increased due to the increased insurance operating profit despite the net busines expenses increase, occurred loss amount and the reduced gain on the investment operation. It maintains a loss rate of the long term insurance level with the operation focusing on the secuirity insurances sales amid the steadily increased solvency rate.
The growth will be maintained due to the continsued bankasurance sales, group injury insurances amid the active marketing of the long term security insurances. It will generate high profit due to the established system for the operation of profit centered rather than growth. it will maintian a excellent record amid the loss rate being held to the average of the ranking 5 companies in the auto insurance sector. Its indexes are showing a stable data in its insurance operation.
(date: 2007.06, unit : %)
Name Kim Yeonghye Kim Gon Kim Uhwang
Portion 20.6 0.1 0.1
(unit : %)
Revenue Premium Income 81.0 Expenses Claims Paid 34.7
Claims Recovered 7.0 Refund of longterm Ins. Policies 15.6
Investment Income 4.1 Expenses 13.8
Other Income 7.9 Investment Expenses
(Unit : 100Mn.Won,Won)
Year 96. 7 97. 6 98. 6 99. 6 01. 4
Type SD SD SD SD RI
Amount 12.04  11.04  12.85  13.10  1,117.65