1. South Korea Stocks

  2. •

    Finance

  3. •

    Property/Casualty insurance
Hyundai Marine & Fire Insurance Co., Ltd.

Hyundai Marine & Fire Insurance Co., Ltd.

KKRX:001450
42,300.00
KRW
-750.00
(-1.74%)
14,888.21EPS
2.34P/E
2.73TMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
128,180.5
170,961.92
184,931.7
158,001.64
187,846.4
186,908.32
166,676.76
175,093.78
188,528.97
159,605.43
170,274.11
181,378.37
196,381.18
197,389.22
Basic EPS, GAAP
2,595
2,922
2,654
5,140
5,824
4,607
3,161
3,955
5,286
16,286
7,185
10,847
13,006
14,888.61
Free Cash Flow per Basic Share
22,739.76
23,755.04
18,016.51
25,510.17
21,043.16
22,560.03
14,616.29
14,151.31
11,846.2
11,057.14
25,905.78
16,541.59
44,582.74
40,959.47
Dividend per Share
1,050.34
550.02
754.13
755.73
1,353.5
1,551.86
1,335.42
1,117.56
1,258.88
1,756.37
2,268.29
2,063.07
- -
- -
Book Value per Share
25,293.04
29,501.17
31,387.47
35,720.22
38,925.33
51,813.23
56,567.1
60,500.96
63,865.87
121,254.18
77,222.4
60,491.09
65,772.44
83,505.91
Tangible Book Value per Share
24,492.37
28,919.57
30,849.19
35,047.38
38,115.11
50,917.46
55,346.64
59,248.02
62,601.5
119,980.8
75,615
58,918.9
64,513.65
82,250.78
Basic Weighted Avg Shares
80
80
80
80
80
81
85
84
82
80
80
78
78
79
Sales/Revenue/Turnover
10,305,688
13,747,345
14,794,274
12,598,793
14,979,222
15,154,001
14,191,733
14,691,671
15,428,003
12,690,969
13,613,515
14,222,209
15,398,544
15,512,214
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
45,998
57,241
43,959
44,890
51,577
54,810
99,585
108,954
115,597
119,433
116,127
122,280
123,553
124,809
Net Income, GAAP
208,638
234,963
212,316
409,855
464,417
373,523
269,144
331,854
432,572
1,294,976
574,445
850,533
1,019,820
1,170,051
Effective Tax Rate (%)
25.74
19.19
28.65
22.17
25.32
26.92
28.08
30.22
27.99
26.63
19.73
29.11
16.7
16.4
Profit Margin (%)
2.02
1.71
1.44
3.25
3.1
2.46
1.9
2.26
2.8
10.2
4.22
5.98
6.62
7.54
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
469
79,256
516,327
604,945
1,116,929
1,117,087
1,117,360
947,785
1,297,075
1,165,116
1,085,117
2,906,431
3,324,872
2,977,980
Total Equity
2,052,749
2,372,321
2,502,694
2,848,167
3,103,729
4,131,351
4,510,403
4,804,654
5,008,010
9,508,086
6,055,356
4,743,379
5,157,513
6,548,074
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.93
10.59
8
13.09
12.75
8.54
5.53
6.37
7.8
16.48
8.41
13.45
15.45
15.89
Return on Common Equity (%)
10
10.66
8.71
15.32
15.61
10.33
6.23
7.13
8.82
17.84
7.38
15.75
20.6
21.03

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
3,324,872
3,329,585
2,977,980
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
2,415,167
2,364,197
2,732,745

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
27,254,592
26,168,097
25,740,594
Accounts Receivable, Net
39
10
9
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.64%
8.97%
8.73%
Free Cash Flow
23.61%
48.01%
169.52%
Net Income, GAAP
32.42%
48.41%
19.9%
Sales/Revenue/Turnover
0.97%
1.46%
8.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,458,907
3,549,138
3,665,913
3,548,252
14,222,209
2025
3,641,050
3,762,464
4,218,099
3,776,932
15,398,544
2026
3,612,294
3,904,889
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,760
4,435
2,707
-1,055.28
10,847
2025
2,600
3,834
8,031.96
-1,460.46
13,006
2026
3,015.34
5,288
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33.73
2,029.41
- -
- -
2,063.07
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Seok-Hyun Lee
Full Time Employees
3,987
Sector
Finance
Industry
Property/Casualty insurance
Address
163, Sejong-daero Seoul SL South Korea 03183
IPO Date
Aug 25, 1989
Website
hi.co.kr
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Business
Hyundai Marine & Fire Insurance Co., Ltd. Hyundai Marine & Fire Insurance Co., Ltd. provides non-life insurance products and services in South Korea and internationally. The company offers automobile and driver insurance, health and child insurance, property insurance, annuity and savings insurance, fire insurance, marine insurance, accident insurance, engineering insurance, workers' compensation insurance, and liability insurance; it also engages in building and facility management, asset management, investment advisory, reinsurance brokerage, and claims services. Hyundai Marine & Fire Insurance Co., Ltd. operates primarily through its financial industry division, encompassing non-life insurance and asset management, and its non-financial industry division, including loss adjustment and other services, serving individual, corporate, and institutional customers across domestic and select overseas markets. Founded in 1955 as Dongbang Marine Insurance Co., Ltd. and headquartered at 163 Sejong-daero, Jongno-gu, Seoul, South Korea, the company was acquired by the Hyundai Group in 1983, renamed Hyundai Marine & Fire Insurance Co., Ltd. in 1985, and separated from the group in 1999 under the control of Chung Mong-yoon. It ranks among South Korea's top four non-life insurers, holding an approximately 18% market share alongside competitors such as Samsung Fire & Marine Insurance Co., Ltd., DB Insurance Co., Ltd., and KB Insurance Co., Ltd., with global operations including a 25% stake in Vietinbank Insurance in Vietnam acquired in 2018 and a joint venture with DiDi Chuxing and Legend Holdings for the China market formed in 2020. In recent developments, Hyundai Marine & Fire Insurance Co., Ltd. partnered with Hyundai Motor Company Hyundai Motor Company and Germany's Allianz Group in March 2025 to develop data-driven, usage-based insurance products leveraging connected mobility technology, targeting Hyundai customers in Europe. The company completed the acquisition of the insurance business from Hyundai Hicar Direct Auto Insurance Co., Ltd., its wholly owned subsidiary, and introduced the AI-powered '2Q-PASS' long-term insurance underwriting model in April 2025, enabling simplified enrollment for customers with minimal medical history. Additionally, it strengthened operational efficiency through initiatives like the 'Complete Sales Master' system for agents and the 'Compensation Supporter' system for rapid claims response, while maintaining strong financial metrics including a 15.8% return on equity and a 92.2% combined ratio in 2024, supported by high-quality bond investments.