Hanwha Life Insurance Co., Ltd.

A088350

KR7088350004

Life & Health Insurance

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
2,950 ^KRW	0.00%		+6.31%	+4.24%

Apr. 03	Russia, Novatek working on gas carriers issue for Arctic LNG 2, TASS cites minister	RE
Apr. 02	Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers, sources say	RE

Hanwha Life Insurance Co., Ltd. completed the acquisition of People Life Co., Ltd. from Fubon Hyundai Life Insurance Co., Ltd, Coston Asia and Hak-Jin Hyun.

January 30, 2023

Hanwha Life Insurance Co., Ltd. (KOSE:A088350) signed a stock purchase agreement to acquire People Life Co., Ltd. from Fubon Hyundai Life Insurance Co., Ltd, Coston Asia and Hak-Jin Hyun on September 29, 2022. Coston Asia, a financial investor owns 32.2%, Hak-Jin Hyun, the founder and founder of Samsung Life Insurance, and related parties owns 62.9% and Fubon Hyundai Life Insurance owns 4.9% in People Life. People Life has sales of KRW 303.1 billion and operating profit of KRW 12.1 billion last year.

Hanwha Life Insurance Co., Ltd. (KOSE:A088350) completed the acquisition of People Life Co., Ltd. from Fubon Hyundai Life Insurance Co., Ltd, Coston Asia and Hak-Jin Hyun in January, 2023.

Latest news about Hanwha Life Insurance Co., Ltd.

Russia, Novatek working on gas carriers issue for Arctic LNG 2, TASS cites minister	Apr. 03	RE
Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers, sources say	Apr. 02	RE
Australia's Austal rejects $662 mln offer from Hanwha Ocean on regulatory concerns	Apr. 01	RE
Hanwha Life Insurance's Net Income Jumps in Q4	Feb. 23	MT
Transcript : Hanwha Life Insurance Co., Ltd., 2023 Earnings Call, Feb 21, 2024	Feb. 20
Hanwha Life Launches Same-Day Insurance Policy Procurement	Feb. 15	MT
Hanwha General Insurance Secures Exclusive Rights for Female-Centric Insurance Product	Jan. 25	MT
Transcript : Hanwha Life Insurance Co., Ltd., Q3 2023 Earnings Call, Nov 15, 2023	Nov. 14
Transcript : Hanwha Life Insurance Co., Ltd., H1 2023 Earnings Call, Aug 17, 2023	23-08-17
Hanwha Life Insurance's Net Income Declines in Q2	23-08-14	MT
Transcript : Hanwha Life Insurance Co., Ltd., Q1 2023 Earnings Call, May 16, 2023	23-05-15
Hanwha Life Insurance's Q1 Income Declines 14%	23-05-15	MT
Hanwha Life Insurance Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-15	CI
Hanwha Life Insurance Co., Ltd. completed the acquisition of People Life Co., Ltd. from Fubon Hyundai Life Insurance Co., Ltd, Coston Asia and Hak-Jin Hyun.	23-01-30	CI
Hanwha REITS Co., Ltd announced that it has received KRW 237 billion in funding from Standard Chartered Bank Korea Limited, Hanwha Life Insurance Co., Ltd., Koramco NHUF REIT Co., Ltd.	22-11-28	CI
Hanwha REITS Co., Ltd announced that it expects to receive KRW 237 billion in funding from Standard Chartered Bank Korea Limited, Hanwha Life Insurance Co., Ltd., Koramco NHUF REIT Co., Ltd.	22-11-22	CI
Samsung FN REIT Co., Ltd. announced that it has received KRW 194.9 billion in funding from a group of investors	22-11-21	CI
Samsung FN REIT Co., Ltd. announced that it expects to receive KRW 194.9 billion in funding from a group of investors	22-11-10	CI
Sino-Korea Life Insurance Co., Ltd. announced that it has received CNY 303.32204 million in funding from a group of investors	22-09-29	CI
Hanwha Life Insurance Co., Ltd. acquired People Life Co., Ltd. from Fubon Hyundai Life Insurance Co., Ltd, Coston Asia and Hak-Jin Hyun.	22-09-28	CI
Hanwha General Insurance Co., Ltd. announced that it has received KRW 190 billion in funding from Hanwha Life Insurance Co., Ltd.	22-09-26	CI
Hanwha General Insurance Co., Ltd. announced that it expects to receive KRW 190 billion in funding from Hanwha Life Insurance Co., Ltd.	22-09-18	CI
Hanwha Life Insurance's Net Profit Soars 92.8% in April-June	22-08-01	MT
Orient Financial’s JV With Hanwha Life Boosts Capital	22-07-25	MT
South Korean Funds to Invest $1 Billion in Goldman Sachs' Mezzanine Fund	22-05-23	MT

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Company Profile

Hanwha Life Insurance Co Ltd is a Korea-based company engaged in life insurance business. The Company provides pure endowment, including annuity insurance, savings insurance, and juvenile insurance; insurance against death, including term insurance and whole life insurance; and mixed insurance including endowment insurance. Group insurance sells group endowment insurance, group annuity insurance, and group term life insurance for groups. The Company is also engaged in special account management. The Company operates its businesses in domestic and overseas markets such as Vietnam and Indonesia.

Sector

Life & Health Insurance

Calendar

2024-05-13 - Q1 2024 Earnings Release (Projected)

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Sector Other Life & Health Insurance

	1st Jan change	Capi.
HANWHA LIFE INSURANCE CO., LTD.	+4.24%	1.61B
AXA	+10.00%	80.6B
METLIFE, INC.	+7.89%	51.13B
AFLAC INCORPORATED	+1.48%	48.65B
MANULIFE FINANCIAL CORPORATION	+9.77%	42.58B
PRUDENTIAL FINANCIAL, INC.	+6.51%	40.23B
GENERALI	+19.86%	38.14B
SUN LIFE FINANCIAL INC.	+2.26%	30.09B
GREAT-WEST LIFECO INC.	-7.39%	27.79B
PRUDENTIAL PLC	-20.99%	25.5B

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