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Mg Non-Life Insurance Co.,Ltd. (South Korea)

Main Activities: Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Mg Non-Life Insurance Co.,Ltd. Profile Updated: October 27, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

Mg Non-Life Insurance Co.,Ltd. is an enterprise in South Korea, with the main office in Seoul. It operates in the Insurance Carriers industry. The company was established on February 08, 2013. The total number of employees is currently 640 (2023). In 2022, the company reported a net sales revenue increase of 3.33%. Its’ total assets recorded a growth of 1.31%.

Headquarters
335, Teheran-ro Gangnam-gu Seoul
Seoul; Seoul;

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Website: http://www.mggeneralins.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
February 08, 2013
Key Executives
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Chairman
Ownership Details
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92.7%
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7.3%
Subsidiaries
Green Esset Management Co.,Ltd.
Jc Assurance No.1 Limited
Mg-Service Co.,Ltd.
Company Performance
Financial values in the chart are available after Mg Non-Life Insurance Co.,Ltd. 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
3.33%
Net fee and commission income
511.51%
Operating profit (EBIT)
-9.55%
Net Profit (Loss) for the Period
-0.62%
Total assets
1.31%
Investments
8.46%
Receivables
-41.32%
Total equity
-99.18%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-6395.63%
Loss Ratio
-1.76%
Underwriting Expenses Ratio
-0.33%

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