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South Korean (KOSPI) Insurance Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies13
  • 7D-2.2%
  • 3M18.9%
  • 1Y34.5%
  • YTD19.4%

Over the last 7 days, the Insurance industry has dropped 3.1%, driven by Samsung Fire & Marine Insurance declining 4.7%. This takes the industry's 12 month performance to a gain of 34%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the South Korean Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024₩43.8t₩152.5t₩6.0t6.6x7.3x0.3x
Fri, 19 Jan 2024₩38.9t₩163.6t₩6.9t5.2x5.6x0.2x
Sun, 17 Dec 2023₩42.4t₩163.6t₩6.9t5.6x6.1x0.3x
Tue, 14 Nov 2023₩42.0t₩166.7t₩6.6t6x6.3x0.3x
Thu, 12 Oct 2023₩43.5t₩166.7t₩6.6t5.9x6.6x0.3x
Sat, 09 Sep 2023₩41.6t₩166.7t₩6.7t5.8x6.2x0.2x
Mon, 07 Aug 2023₩40.5t₩169.4t₩6.9t4.9x5.9x0.2x
Wed, 05 Jul 2023₩39.0t₩169.4t₩6.9t4.8x5.7x0.2x
Fri, 02 Jun 2023₩39.0t₩165.0t₩6.4t5.7x6.1x0.2x
Sun, 30 Apr 2023₩39.9t₩165.0t₩6.5t5.7x6.2x0.2x
Tue, 28 Mar 2023₩36.7t₩160.0t₩6.7t4.5x5.5x0.2x
Thu, 23 Feb 2023₩37.6t₩152.5t₩5.8t4.2x6.5x0.2x
Sat, 21 Jan 2023₩39.2t₩152.5t₩5.8t4.4x6.7x0.3x
Mon, 19 Dec 2022₩38.3t₩152.5t₩5.8t4.7x6.6x0.3x
Wed, 16 Nov 2022₩34.4t₩148.2t₩5.8t3.8x6x0.2x
Fri, 14 Oct 2022₩32.6t₩148.2t₩5.8t3.4x5.6x0.2x
Sun, 11 Sep 2022₩34.6t₩148.2t₩5.8t3.8x6x0.2x
Tue, 09 Aug 2022₩35.4t₩145.5t₩5.3t4.9x6.7x0.2x
Thu, 07 Jul 2022₩32.7t₩145.5t₩5.3t4.8x6.2x0.2x
Sat, 04 Jun 2022₩36.5t₩144.5t₩6.3t5.9x5.8x0.3x
Mon, 02 May 2022₩38.7t₩144.7t₩6.4t6.1x6.1x0.3x
Wed, 30 Mar 2022₩38.8t₩140.2t₩5.3t7.5x7.3x0.3x
Fri, 25 Feb 2022₩35.8t₩142.1t₩5.4t6.9x6.7x0.3x
Sun, 23 Jan 2022₩38.9t₩142.1t₩5.4t7.5x7.3x0.3x
Tue, 21 Dec 2021₩36.7t₩148.4t₩5.5t7.1x6.7x0.2x
Thu, 18 Nov 2021₩36.6t₩147.2t₩5.1t6.8x7.1x0.2x
Sat, 16 Oct 2021₩39.5t₩147.2t₩5.1t7.2x7.7x0.3x
Mon, 13 Sep 2021₩39.0t₩150.3t₩5.2t7.2x7.5x0.3x
Wed, 11 Aug 2021₩38.3t₩150.3t₩5.2t6.3x7.3x0.3x
Sun, 06 Jun 2021₩38.0t₩149.6t₩5.4t7x7.1x0.3x
Wed, 10 Mar 2021₩32.8t₩149.5t₩3.9t6.5x8.5x0.2x
Price to Earnings Ratio

8.5x


Total Market Cap: ₩32.8tTotal Earnings: ₩3.9tTotal Revenue: ₩149.5tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Insurance Industry Price to Earnings3Y Average 6.6x202220232024
Current Industry PE
  • Investors are optimistic on the South Korean Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7.2x which is higher than its 3-year average PE of 6.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 16% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the South Korean Financials industry?

KR Market0.57%
Financials-0.034%
Insurance-2.25%
Insurance Brokers2.72%
General Insurance0%
Reinsurance0%
Life and Health Insurance-1.86%
Property and Casualty Insurance-2.72%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 6.5x.
    • Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings decline of 42.8% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 6.5x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 7.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
A032830 Samsung Life Insurance₩88.40k9.4%
+₩1.4t
31.4%PE7.2x
A000810 Samsung Fire & Marine Insurance₩302.00k2.2%
+₩276.3b
45.5%PE9.3x
A005830 DB Insurance₩97.80k2.7%
+₩156.1b
43.0%PE6.4x
A082640 Tong Yang Life Insurance₩5.40k3.4%
+₩28.1b
24.9%PE6.4x
A211050 INCAR FINANCIAL SERVICE₩19.72k4.5%
+₩8.7b
164.7%PE8.1x
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Latest News

A000400

₩3,285.00

Lotte Non - Life Insurance

7D

-2.7%

1Y

112.1%

A088350

₩3,420.00

Hanwha Life Insurance

7D

-1.0%

1Y

38.5%

A005830

₩97,800.00

DB Insurance

7D

2.7%

1Y

43.0%

A000540

₩5,440.00

Heungkuk Fire&Marine Insurance

7D

-2.3%

1Y

58.1%

A082640

₩5,400.00

Tong Yang Life Insurance

7D

3.4%

1Y

24.9%

A000370

₩5,230.00

Hanwha General Insurance

7D

-1.5%

1Y

25.3%

A000810

₩302,000.00

Samsung Fire & Marine Insurance

7D

2.2%

1Y

45.5%

A001450

₩34,200.00

Hyundai Marine & Fire Insurance

7D

-1.3%

1Y

8.4%

A032830

₩88,400.00

Samsung Life Insurance

7D

9.4%

1Y

31.4%

A085620

₩5,760.00

MIRAE ASSET Life Insurance

7D

-4.0%

1Y

99.7%

A211050

₩19,720.00

INCAR FINANCIAL SERVICE

7D

4.5%

1Y

164.7%

A244920

₩4,200.00

Aplus Asset Advisor

7D

0.2%

1Y

-12.0%

A003690

₩7,940.00

Korean Reinsurance

7D

-0.3%

1Y

22.0%