Meritz Fire & Marine Insurance Co., Ltd.
000060.KS
Korea Exchange51,600.00
KRW
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Meritz Fire & Marine Insurance Co., Ltd.
000060.KS
(Korea Exchange)
Recent
price
51,600.00
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Meritz Fire & Marine Insurance Co., Ltd. delivers a comprehensive array of insurance solutions across South Korea. The company's diverse product portfolio encompasses protection for health, accidents, property, and general liabilities, alongside specialized offerings like automobile, marine, children's, and pet insurance. Additionally, it provides various long-term insurance plans and pension and savings products. Established in 1922 as Chosun Fire, the firm later operated as Oriental Fire before adopting its current name in October 2005. Based in Seoul, South Korea, Meritz Fire & Marine Insurance functions as a key entity within Meritz Financial Group Inc. The company maintains a strong focus on long-term insurance, which significantly contributes to its gross premiums written, and consistently achieves robust investment returns, particularly from high-yielding fixed-income assets. It stands as the fifth-largest non-life insurer in the country, recognized for its strong operating performance and sound balance sheet.