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South Korean (KOSPI) Insurance Industry Analysis

UpdatedFeb 18, 2025
DataAggregated Company Financials
Companies14
  • 7D12.0%
  • 3M3.2%
  • 1Y12.7%
  • YTD11.6%

In the last week, the Insurance industry is up 4.6%, with Samsung Fire & Marine Insurance leading the way, up 16%. Meanwhile, INCAR FINANCIAL SERVICE actually underperformed within the industry, shrinking 10% in the last week. This takes the industry's 12 month performance to a gain of 10%. Earnings are forecast to grow by 3.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Feb 2025₩51.1t₩123.6t₩9.0t4.3x5.7x0.4x
Thu, 16 Jan 2025₩45.5t₩126.1t₩8.8t4x5.2x0.4x
Sat, 14 Dec 2024₩48.8t₩126.1t₩8.8t4.5x5.5x0.4x
Mon, 11 Nov 2024₩49.2t₩122.9t₩8.5t4.7x5.8x0.4x
Wed, 09 Oct 2024₩46.9t₩122.9t₩8.5t4.5x5.5x0.4x
Fri, 06 Sep 2024₩49.6t₩124.0t₩8.7t4.4x5.7x0.4x
Sun, 04 Aug 2024₩47.9t₩120.4t₩7.6t6.1x6.3x0.4x
Tue, 02 Jul 2024₩47.8t₩120.4t₩7.6t5.7x6.3x0.4x
Thu, 30 May 2024₩45.3t₩122.7t₩8.1t4.5x5.6x0.4x
Sat, 27 Apr 2024₩44.6t₩121.4t₩8.0t4.4x5.6x0.4x
Mon, 25 Mar 2024₩47.7t₩148.7t₩6.4t7.3x7.4x0.3x
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
Price to Earnings Ratio

6.7x


Total Market Cap: ₩35.8tTotal Earnings: ₩5.4tTotal Revenue: ₩142.1tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Insurance Industry Price to Earnings3Y Average 6.2x202320242025
Current Industry PE
  • Investors are pessimistic on the South Korean Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 5.3x which is lower than its 3-year average PE of 6.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.29x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 19% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.5% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

KR Market3.38%
Financials3.52%
Insurance12.04%
Life and Health Insurance14.53%
Property and Casualty Insurance11.05%
Reinsurance2.21%
General Insurance0%0
Insurance Brokers-9.26%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry which is trading above its 3-year average PE ratio of 6.5x.
    • Analysts are expecting annual earnings growth of 118.4%, which is lower than the prior year's growth of 133.7% per year.
  • Investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 118% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 2.9% 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₩101.40k13.8%
+₩2.2t
24.1%PE7.3x
A000810 Samsung Fire & Marine Insurance₩404.50k10.1%
+₩1.6t
33.5%PE8.3x
A088350 Hanwha Life Insurance₩2.84k14.1%
+₩263.0b
-16.4%PE4x
A005830 DB Insurance₩103.50k3.3%
+₩198.1b
4.3%PE3.1x
A082640 Tong Yang Life Insurance₩4.90k7.8%
+₩55.4b
-11.4%PE2.3x
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