South Korea's largest non-life insurer Samsung Fire & Marine (SFM) has reported increased premiums and profits for the period April to November last year.

SFM said insurance premiums had risen 19% to KRW3.5trn (£1.9bn).

Profits at SFM doubled to KRW235.8bn (£124.9m) on the back of higher investment gains and insurance fees.

Investment income was up 20.5% to KRW307.4bn (£162.9m) for the period.

SFM has a 30% share of the Korean market.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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