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.

Insurance Times Fantasy Football

Topics