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Meritz Fire & Marine Insurance Co.,Ltd. (South Korea)

Main Activities: Insurance Carriers
Full name: Meritz Fire & Marine Insurance Co.,Ltd. Profile Updated: May 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Meritz Fire & Marine Insurance Co., Ltd. is an insurance company located in Seoul, South Korea. It was established in 1922, making it the first insurance company in Korea. The company aims to lead the change and innovation in the Korean insurance industry. Meritz Fire focuses on providing customers with improved products, competitive prices, and enhanced services. They strive to make their work more efficient through fundamental constitutional improvements, with the goal of easing the burden on their customers and strengthening the company. The company is committed to creating products and services that are well-received by their customers, consultants, and partners.

Headquarters
382, Gangnam-daero Gangnam-gu Seoul
Seoul; Seoul; Postal Code: 135-080

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Website: http://www.meritzfire.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 01, 1922
Key Executives
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Chairman
Ownership Details
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0.08%
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0.06%
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0.05%
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0.04%
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0.02%
Subsidiaries
㈜메리츠금융지주
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net insurance premium revenue
15.69%
Operating profit (EBIT)
36.69%
Net Profit (Loss) for the Period
29.35%
Total assets
29.68%
Investments
-2.21%
Total equity
-63.4%
Net Premiums Earned Trend
-0.86%
Net Profit Trend
-23.71%
Return on Equity (ROE)
69.94%
Underwriting Expenses Ratio
-2.42%

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