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 : 2022.2Q IR Report
August 11, 2022 at 02:51 am EDT
Key Performance Indicators
2022. 2Q
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
54.7
G/R
2.3
0.7
4.6
9.0
7.1
(%)
(KRW bn)
777
(KRW bn)
14,070
15,075
622
12,368
12,449
13,027
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)
5,721
6,064
6,248
47,124
4,911
43,667
39,776
4,416
37,404
* As of Dec.'21 2017
2018
2019
2020
2021
* As of Dec.'21 2017
2018
2019
2020
2021
3
Performance Overview
(KRW bn, %, %p)
2021
2021
2Q
Gap
2021
1Q~2Q
Gap
2022
2022
Direct
15,075
3,792
4,036
244
7,433
7,911
478
Premiums
Written
(G/R)
7.1
7.2
6.4
7.7
6.4
Net
13,978
3,479
3,698
219
6,841
7,303
462
Premiums
Written
(G/R)
7.2
6.8
6.3
7.1
6.7
Net
13,772
3,396
3,615
219
6,712
7,161
449
Premiums
Earned
(G/R)
8.7
8.9
6.5
8.6
6.7
Loss Ratio
82.1
80.6
79.1
-1.5
81.2
79.8
-1.4
Expense
19.6
19.6
20.5
0.9
20.3
19.6
-0.7
Ratio
U/W Income
-238
-6
14
20
-103
42
145
Investment
1,304
327
363
36
690
717
27
Income
Invt.
3.29
3.30
3.54
0.24
3.51
3.49
-0.02
Yield
Net Income
776
235
283
48
426
563
137
Income Statement & Premiums
Direct Premiums Written
(KRWbn,%)
2021*
2Q
1Q~2Q
G/R
2021
2022
G/R
2021
2022
G/R
Auto
4,311
6.0
1,090
1,127
3.4
2,129
2,214
4.0
Long-
9,247
6.1
2,298
2,424
5.5
4,559
4,817
5.7
Term
Commer
1,516
18.0
404
485
20.0
745
880
18.1
cial
Total
15,075
16.4
3,792
4,036
6.4
7,433
7,911
6.4
* M/S (as of Dec.'21): Auto 20.7% / Long-Term 15.0% / Commercial 15.7%
Percentage by Business Line
(%, %p)
Commercial
[As of Jun.'22]
11.1
(+1.1)
Auto 28.0
(-0.6) 60.9 (-0.4)
Long-Term
* ( ) is YoY
Efficiency
Loss & Expense Ratio
(%)
2018
2019
2020
2021
2Q
1Q~2Q
2021
2022
2021
2022
Gap
Gap
Auto
87.2
91.6
84.4
79.5
76.2
74.8
-1.4
78.2
76.0
-2.2
Long-Term
83.1
85.6
84.9
84.6
84.7
81.7
-3.0
84.6
82.0
-2.6
Loss
Risk
83.4
92.7
92.9
94.2
94.4
87.8
-6.6
94.5
88.5
-6.0
Ratio
Commercial
67.5
69.8
70.7
68.4
59.6
73.5
13.9
60.8
74.2
13.4
Total
83.4
86.3
83.9
82.1
80.6
79.1
-1.5
81.2
79.8
-1.4
Auto
17.1
17.0
15.9
15.0
14.8
15.1
0.3
15.2
15.5
0.3
Expense
Long-Term
20.0
22.0
22.4
21.0
21.2
21.6
0.4
22.2
20.5
-1.7
Ratio
Commercial
24.3
25.8
25.2
26.5
24.4
31.5
7.1
24.0
28.4
4.4
Total
19.5
20.9
20.8
19.6
19.6
20.5
0.9
20.3
19.6
-0.7
Combined Ratio
102.8
107.2
104.7
101.7
100.2
99.6
-0.6
101.5
99.4
-2.1
* Long-term risk loss ratio includes IBNR reserve, excluding claim adjustment fees
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DB Insurance Co. Ltd. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 11 August 2022 06:50:02 UTC .
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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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