Samsung Fire & Marine is trying to make its insurance book less risky by steering customers toward higher-quality policies, tightening pricing, and growing beyond its home market. The upside depends on whether these moves actually lead to steadier profits and stronger returns, while regulators, medical claims, and more exposure to global markets could still derail the story.Read more
Samsung Fire & Marine Insurance is leaning into cyber and other complex risks while pushing digital tools that could make it faster and cheaper to run. But rising claims, tighter rules, and pressure in its core home market could make it harder to turn that growth into steady profits.Read more
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Samsung Fire & Marine Insurance Co., Ltd., together with its subsidiaries, provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom. The company offers automobile insurance, long-term damage insurance, personal pensions, and retirement pensions, as well as claim adjustment, agency, and insurance consulting services. It also provides general insurance that covers risks related to business management, personal property, and body, including fire, marine, technology, liability, injury, and disease. The company was founded in 1952 and is headquartered in Seoul, South Korea.
