Samsung Fire & Marine Insurance Co., Ltd. (A000810) Earnings Call Transcripts

Samsung Fire & Marine Insurance Co., Ltd.'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal year 2026, Samsung Fire & Marine Insurance reported a consolidated pretax profit of KRW 857.7 billion, reflecting a year-over-year increase of 4.4%. Insurance profit improved by 5% to KRW 551.3 billion, while investment profit surged 24.4% to KRW 362.4 billion. Management emphasized a profit-centered growth strategy, indicating a focus on quality over volume, which may impact future revenue growth but aims to enhance profitability and shareholder value.

Reported metrics

Guidance from management

Management maintained a profit-driven strategy for Q2 2026, focusing on high-quality new business and efficiency improvements. They expect gradual improvement in insurance profit and a stabilization of loss ratios.

What management said

[Interpreted] Good morning. I am Helen Park, Head of IR at Samsung Fire & Marine Insurance. I'd like to thank you all for taking the time to participate in today's 2026 First Quarter Earnings Results Presentation. Today's session will begin with an overview of the fiscal year 2026 first quarter business performance, followed by a Q&A session. The session is expected to last approximately 1 hour. I will now turn it o...

[Interpreted] That concludes the overview of our financial performance. We will now begin the Q&A session. Our executives from various business divisions are also present to respond to your questions. [Operator Instructions]

What analysts pressed on

Analysts expressed concerns regarding the timeline for loss ratio improvements and the impact of regulatory changes on profitability. There were questions about the clarity of capital allocation plans and the potential for increased dividend payouts amidst market uncertainties.

Main topics on the call

• Profit-Centered Growth Strategy — Management highlighted a shift towards a profit-centered growth strategy, stating, "we will continue to pivot on profit-driven management, fundamental improvement in resilience and gaining future value." This approach ai...
• Insurance Profit Improvement — Insurance profit increased by 5% year-over-year to KRW 551.3 billion, with management noting, "insurance profit recorded KRW 440 billion, up 4.9% year-on-year on solid CSM amortization and improved claims variance." This...
• Investment Profit Surge — Investment profit rose significantly by 24.4% year-over-year to KRW 362.4 billion, supporting overall profitability. The CFO stated, "investment yield recorded 3.68% with AUM-based investment profit of KRW 853.7 billion,...
• Long-Term Insurance Strategy — Management indicated a strategic pivot in long-term insurance towards high-margin products, stating, "we decided to suspend selling high-risk coverages and have streamlined our portfolio, pivoting on high-margin products...

Read the full Samsung Fire & Marine Insurance Co., Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Samsung Fire & Marine Insurance Co., Ltd. earnings call transcripts on record, spanning February 19, 2020 to May 14, 2026. Based on this history, Samsung Fire & Marine Insurance Co., Ltd. reports quarterly. The most recent call on file is dated May 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

A000810

Exchange

KOSE

Country

KR

Sector

Financials

Industry

Insurance

Calls on record

23

First call

February 19, 2020

Most recent

May 14, 2026

Reporting cadence

quarterly