Dongyang Life Insurance Reports Q1 Net Profit of 106.5 Billion KRW, Up 67.4% Year-on-Year
[Asia Economy Reporter Oh Hyung-gil] Dongyang Life Insurance announced on the 11th that its net profit for the first quarter increased by 67.4% compared to the same period last year, reaching 106.5 billion KRW.
During the same period, sales rose 3.9% year-on-year to 1.9302 trillion KRW, and operating profit increased by 48.5% to 124.1 billion KRW.
Dongyang Life Insurance earned a total premium income of 1.336 trillion KRW in the first quarter. Protection insurance grew by 4.6% compared to the same period last year, recording 598.7 billion KRW.
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The Risk-Based Capital (RBC) ratio achieved 221.2%, maintaining a stable level.
This content was produced with the assistance of AI translation services.
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