Korea S.E.
06:00:00 2024-04-29 pm EDT
5-day change
1st Jan Change
97,300
KRW
-2.41%
+4.29%
+16.25%
DB Insurance : 2021.4Q IR Report
February 21, 2022 at 02:11 am EST
Key Performance Indicators
2021. 4Q
Home Page : http://ir.idbins.com
Financial Highlight
----- 2
Financial Performance
----- 3
Income Statement & Premiums
Efficiency
Long-Term & Auto
----- 5
- Long-Term 1
- Long-Term 2
- Auto
Asset Management & ALM
----- 8
- Asset Portfolio
- Investment Income
- Loan Portfolio
- ALM
Capitalization
----- 12
Appendix
----- 14
- Shareholder's Equity
- Dividend Payout
- Overseas Investment
- Maturity Schedule
- Exposure to Affiliates
Financial Highlight
Direct Premium Written
Net Income
(%)
G/R
32.3
-17.2
-27.6
34.7
54.6
G/R
2.3
0.7
4.6
8.0
7.1
(%)
(KRW bn)
(KRW bn)
15,075
776
14,070
622
13,027
12,368
12,449
515
502
373
2017
2018
2019
2020
2021
2017
2018
2019
2020
2021
Total Asset
Shareholders' Equity
G/R
9.3
6.3
9.8
7.9
8.6
(%)
G/R
11.4
11.2
16.5
6.0
3.0
(%)
(KRW bn)
51,188
(KRW bn)
6,064
6,248
43,667
47,124
5,721
39,776
4,911
37,404
4,416
* As of Dec.'21 2017
2018
2019
2020
2021
* As of Dec.'21 2017
2018
2019
2020
2021
2
Performance Overview
(KRW bn, %, %p)
2020
4Q
1Q~4Q
2020
2021
Gap 2020
2021
Gap
Direct
14,070
3,635
3,889
254
14,070
15,075
1,005
Premiums
Written
(G/R)
8.0
7.6
7.0
8.0
7.1
Net
13,035
3,358
3,659
301
13,035
13,978
943
Premiums
Written
(G/R)
7.6
8.0
9.0
7.6
7.2
Net
12,671
3,273
3,591
318
12,671
13,772
1,101
Premiums
Earned
Income Statement & Premiums
Direct Premiums Written by Business Line
(KRWbn,%)
2020
4Q
1Q~4Q
M/S
2020
2021
G/R
2020
2021
G/R
Auto
4,068
20.7
1,057
1,110
5.0
4,068
4,311
6.0
Long-
8,718
15.0
2,225
2,361
6.1
8,718
9,247
6.0
Term
Commer
1,284
15.7
354
419
18.4
1,284
1,516
18.1
cial
Total
14,070
16.4
3,635
3,889
7.0
14,070
15,075
7.1
* Long-Term : Includes lump-sum payment products
Percentage by Business Line
(G/R)
6.7
8.3
9.7
6.7
8.7
Loss Ratio
83.9
83.9
84.9
1.0
83.9
82.1
-1.8
Expense
20.8
21.9
18.5
-3.4
20.8
19.6
-1.2
Ratio
U/W Income
-590
-191
-122
69
-590
-238
352
Investment
1,274
281
299
18
1,274
1,304
30
Income
Invt.
3.41
2.90
2.90
-
3.41
3.29
-0.12
Yield
Net Income
502
60
131
71
502
776
274
Auto 28.6
61.3
Long-Term
* Long-Term : Includes lump-sum payment products
Efficiency
Loss & Expense Ratio
(%)
2017
2018
2019
4Q
1Q~4Q
2020
2021
Gap
2020
2021
Gap
Auto
80.6
87.2
91.6
85.9
84.1
-1.8
84.4
79.5
-4.9
Long-Term
84.2
83.1
85.6
84.9
86.1
1.2
84.9
84.6
-0.3
Loss
Risk
83.5
83.4
92.7
92.6
97.3
4.7
92.9
94.2
1.3
Ratio
Commercial
64.3
67.5
69.8
66.1
76.5
10.4
70.7
68.4
-2.3
Total
82.3
83.4
86.3
83.9
84.9
1.0
83.9
82.1
-1.8
Auto
18.3
17.1
17.0
15.7
14.7
-1.0
15.9
15.0
-0.9
Expense
Long-Term
18.9
20.0
22.0
23.9
18.9
-5.0
22.4
21.0
-1.4
Ratio
Commercial
28.7
24.3
25.8
29.4
30.5
1.1
25.2
26.5
1.3
Total
19.2
19.5
20.9
21.9
18.5
-3.4
20.8
19.6
-1.2
Combined Ratio
101.5
102.8
107.2
105.8
103.4
-2.4
104.7
101.7
-3.0
* Long-term risk loss ratio includes IBNR reserve, excluding claim adjustment fees
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DB Insurance Co. Ltd. published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 21 February 2022 07:10:01 UTC .
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Canada Pension Plan Investment Board and GIC Pte. Ltd. cancelled the acquisition of Kumho Asiana Main Tower from Asiana Airlines, Inc., DB Insurance Co., Ltd. and Well to Sea Investment Co., Ltd.
19-03-13
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18-03-14
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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DB Insurance Co Ltd, formerly Dongbu Insurance Co Ltd is a Korea-based company engaged in the provision of non-life insurance services. The Company's non-life insurance products include fire insurance, marine insurance, automobile insurance, overseas accident insurance, warranty insurance, foreign goods insurance, long-term insurance, personal pension insurance, special insurance and others. The Company also provides loan services.
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