1. South Korea Stocks

  2. •

    Finance

  3. •

    Life/Health insurance
Mirae Asset Life Insurance Co., Ltd.

Mirae Asset Life Insurance Co., Ltd.

KKRX:085620
16,680.00
KRW
-190.00
(-1.13%)
970.91EPS
21.62P/E
2.74TMarket Cap
Nov 12Next Earn
Mirae Asset Life Insurance Co., Ltd.
KRX:085620
(Korea Stock Exchange)

Recent

price

16,680.00

P/E

ratio

21.62

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
33,874.07
29,425.24
23,495.39
25,646.61
20,273.73
17,333.56
16,678.37
21,652.68
19,307.59
32,004.83
27,857.94
33,271.63
63,706.58
Revenue per Share
1,150
981
543
1,541
650
682
502
604
957
777
1,043
1,002
971.19
Basic EPS, GAAP
-1,109.32
13,848.68
9,250.54
6,626.98
-2,393.26
1,918.03
-606.24
700.38
-5,282.59
-7,678.08
-2,060.58
1,570.11
3,245.94
Free Cash Flow per Basic Share
302.83
365.11
194.23
159.54
240.18
240.04
234.69
216.5
100.04
- -
- -
- -
- -
Dividend per Share
13,236.25
12,063.52
12,367.91
13,563.01
14,149.31
16,110.05
16,328.39
13,768.9
30,512.82
22,301.33
18,838.3
17,952.65
17,754.53
Book Value per Share
13,029.27
11,903.92
12,253.24
12,360.41
13,281.5
15,290.67
15,625.36
13,186.43
30,199.49
21,995.75
18,593.71
17,733.83
17,552.12
Tangible Book Value per Share
105
125
144
143
164
161
164
131
130
131
131
131
130
Basic Weighted Avg Shares
3,564,189
3,668,951
3,373,988
3,679,815
3,324,968
2,783,088
2,738,906
2,835,113
2,518,160
4,176,886
3,635,551
4,342,460
8,308,657
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
14,710
18,373
25,436
73,906
77,276
64,217
52,917
49,015
36,721
34,559
34,251
36,126
36,329
Depreciation Expense
121,002
122,318
77,976
221,105
106,602
109,502
82,438
79,085
124,815
101,405
136,115
130,776
126,664
Net Income, GAAP
22.96
2.53
36.31
5.24
23.56
25.82
25.2
22.61
24.14
29.86
- -
34.19
31.88
Effective Tax Rate (%)
3.39
3.33
2.31
6.01
3.21
3.93
3.01
2.79
4.96
2.43
3.74
3.01
1.52
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
172,841
160,649
135,956
129,004
199,279
199,349
199,427
498,636
998,790
549,321
499,430
598,649
299,180
LT Debt
1,498,086
1,857,317
1,880,182
2,051,600
2,064,974
2,336,489
2,285,083
1,902,145
4,086,947
3,015,511
2,563,655
2,448,095
2,423,701
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
7.83
4.33
10.78
4.96
4.87
3.58
3.81
3.79
2.68
- -
4.6
5.08
Return on Capital (%)
- -
7.78
4.42
11.89
5.46
5.23
3.74
3.98
4.32
2.94
5.07
5.45
5.4
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
598,649
598,686
299,180
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
105,634
105,634
105,634
Shares Outstanding
130
131
131
Market Capitalization
1,223,902
2,105,966
2,741,803

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
12,746,624
12,091,077
11,609,804
Accounts Receivable, Net
- -
- -
- -
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
7.43%
10.48%
-4.51%
Free Cash Flow
-175.09%
-249.46%
-176.2%
Net Income, GAAP
13.88%
13.06%
-3.92%
Sales/Revenue/Turnover
3.82%
12.94%
19.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,247,996
862,116
547,076
952,515
3,635,551
2025
599,910
1,106,333
1,432,676
1,203,540
4,342,460
2026
1,840,913
3,831,527
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
280
128
14
507.79
1,043
2025
190
389
381.33
42.5
1,002
2026
409.12
138
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Bajaj Finserv Limited (NSE:BAJAJFINSV)
HDFC Life Insurance Co. Ltd. (NSE:HDFCLIFE)
SBI Life Insurance Co. Ltd. (NSE:SBILIFE)
Life Insurance Corp. of India (NSE:LICI)
Max Financial Services Limited (NSE:MFSL)
ICICI Prudential Life Insurance Co. Ltd. (NSE:ICICIPRULI)
Business
Mirae Asset Life Insurance Co., Ltd. (085620.KS) operates as a life insurance provider in South Korea, offering a range of insurance products and financial services to individual and corporate customers. The company provides whole life insurance, term life insurance, annuity products, variable annuities, health insurance, and retirement pension plans; it also offers asset management services linked to insurance policies and digital platforms for policy administration and claims processing. Headquartered in Seoul, South Korea, Mirae Asset Life Insurance was established in 2006 as a subsidiary of the Mirae Asset Financial Group, with operations primarily focused on the domestic Korean market and select international partnerships in Asia. The company's core offerings target middle-income families, seniors, and businesses seeking protection and wealth accumulation solutions, emphasizing hybrid products that combine insurance with investment components from Mirae Asset's global asset management expertise. Its product portfolio includes branded lines such as Mirae Asset Whole Life Plus and Critical Illness Coverage plans, supported by an online portal for personalized policy customization and telematics-based premium discounts. Mirae Asset Life Insurance maintains a strong distribution network through tied agents, bancassurance channels with partner banks, and direct digital sales. In recent developments, Mirae Asset Life Insurance expanded its digital capabilities with the launch of an AI-driven underwriting platform in 2024, enhancing risk assessment efficiency; the company also formed a strategic alliance with a leading Korean fintech firm for embedded insurance integrations in 2025. Additionally, it completed a capital raise through a rights offering in late 2024 to bolster solvency margins amid rising interest rates, and introduced new ESG-focused green life insurance products targeting environmentally conscious consumers. These initiatives reflect the company's shift toward technology-enabled growth and sustainable offerings within South Korea's competitive life insurance sector.