Samsung Fire & Marine Insurance, the premium related to capital adequacy ↑ ... Australia's best kept-one geumtu

[Korea hyerin nine financial newspaper reporters - one new financial investment is 16 days solvency capital adequacy ratio of premium to the industry is expected to expand with the introduction of Samsung Fire for saying the best kept industry in Australia. This recommendation is made BUY, TP maintains 36 million.

From June '25 insurance liability duration maturity period is added, there will be enlarged to 30 years next June. As well as increasing the duration of each interval adjustment factor it is also increased. The corresponding position of the company can actively do to increase the duration of the assets RBC (risk-based capital) to plunge.

Misdiagnosis won a Fellow of the securities are Samsung Fire had expected the 30-year duration assuming RBC decline of 80 percentage points from the level considering the asset-liability matching of the current level, said, "However, non-life insurance asset duration expand the industry's entry into the so aggressively It can actively work on, operating margin fell accordingly also described as multivariate mind to do. "

Samsung last year's fourth quarter performance of fire rated positively. Oh researchers' separate net income increased one hundred million won in 8409 and 7.4% yoy, but slightly below our expectations were largely taken into account during the year-end Samsung C & T impairment losses and increased costs in line with our expectations "he said. Also, he added, since the car represents a premium cut line M / S 31% posted in January was historically high.



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