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Korean Reinsurance Company (South Korea)

Main Activities: Insurance Carriers
Full name: Korean Reinsurance Company Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Korean Re is a global reinsurer based in Seoul. Established on March 19, 1963, as a state-owned company known as the Korean Non-life Reinsurance Corporation, Korean Re has 58 years of expertise and experience in the reinsurance business. The company's main focus is on providing high-quality reinsurance services and risk management solutions to its clients. Korean Re aims to protect client assets and recognizes the increasing importance of risk management in today's complex world, especially with the growing intensity and frequency of natural disasters. Additionally, Korean Re is dedicated to promoting social values and contributing to the development of the community.

Headquarters
80 Susong-Dong, Chongno-Gu
Seoul; Seoul; Postal Code: 110-733

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Website: http://www.koreanre.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 19, 1963
Key Executives
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Chairman
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Chief Executive Officer
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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5.51%
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3.52%
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3.5%
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3.37%
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3.16%
Subsidiaries
Pt Asuransi Ramayana Tbk (Indonesia)
10%
코리안리재보험주식회사
Company Performance
Financial values in the chart are available after Korean Reinsurance Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net insurance premium revenue
56.54%
Operating profit (EBIT)
-99.91%
Net Profit (Loss) for the Period
-1.55%
Total assets
14.2%
Investments
-34.87%
Total equity
11.63%
Net Premiums Earned Trend
42.9%
Net Profit Trend
N/A
Return on Equity (ROE)
-0.75%
Loss Ratio
-10.1%
Underwriting Expenses Ratio
-17.62%

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