Samsung Life Insurance Co Ltd

Common Name

Samsung Life Insurance

Country

South Korea

Sector

Financial Services

Industry

Insurance - Life

Employees

461

Ticker

032830

Exchange

KOREA EXCHANGE

Website

www.samsunglife.com

Description

Samsung Life Insurance Co., Ltd. is a prominent player in the life insurance sector, primarily engaged in the provision of life and health insurance products. As a subsidiary of the Samsung Group, it ... Show more

Financial Statements of Samsung Life Insurance

Below are the financial statements of Samsung Life Insurance, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in trillions of KRW	2024	2023
Assets	—	—
Cash and cash equivalents	4.18^a	5.49^a
Financial assets at fair value through profit or loss	45.75^a	44.55^a
Financial assets at fair value through other comprehensive income	164.15^a	167.66^a
Financial assets at amortized cost	82.32^a	82.77^a
Derivative financial assets	1.65^a	1.06^a
Investments in associates	2.57^a	2.49^a
Finance lease receivables	0.03^a	0.05^a
Reinsurance contracts assets	2.31^a	1.38^a
Investment properties	6.61^a	6.55^a
Property and equipment	0.43^a	0.44^a
Intangible assets	0.56^a	0.57^a
Right-of-use assets	0.31^a	0.23^a
Current tax assets	0.48^a	0.52^a
Deferred tax assets	0.07^a	0.07^a
Net defined benefit assets	0.05^a	0.09^a
Other assets	0.74^a	0.72^a
Total assets	312.22^a	314.66^a
Liabilities	—	—
Insurance contract liabilities	203.1^a	190.26^a
Reinsurance contract liabilities	0.59^a	0.52^a
Policyholders' equity adjustments	7.3^a	10.51^a
Financial liabilities at amortized cost	7.69^a	8.47^a
Investment contracts liabilities	30.3^a	29.31^a
Borrowings and bonds payable	19.96^a	19.62^a
Lease liabilities	0.32^a	0.25^a
Derivative financial liabilities	5.41^a	2.15^a
Current tax liabilities	0.16^a	0.12^a
Deferred tax liabilities	2.72^a	7.21^a
Provisions	0.78^a	0.8^a
Net defined benefit liabilities	0.21^a	0.2^a
Other liabilities	0.94^a	0.91^a
Total liabilities	279.48^a	270.32^a
Equity	—	—
Equity attributable to equity holders of the parent company	30.73^a	42.44^a
Share capital	0.1^a	0.1^a
Capital surplus	0.13^a	0.13^a
Capital adjustments	-2.12^a	-2.12^a
Accumulated other comprehensive income	13.2^a	26.35^a
Retained earnings	19.42^a	17.98^a
Non-controlling interests	2.01^a	1.9^a
Total equity	32.74^a	44.34^a
Total liabilities and equity	312.22^a	314.66^a

Verified Sources Behind Samsung Life Insurance’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Samsung Life Insurance’s data sources below and access millions more through our Disclosure Search.

a. Samsung Life Insurance's Financial Report 2024

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Samsung Life Insurance Co Ltd

Financial Statements of Samsung Life Insurance

Verified Sources Behind Samsung Life Insurance’s Financial Fundamentals Data

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