Hanwha General Insurance CEO Nae Chaebum Purchases Additional 10,000 Shares, Confident in Carrot Merger Synergy

Nae Chaebum, CEO and President of Hanwha General Insurance, has purchased an additional 10,000 shares of the company's stock. This marks his fourth purchase of company shares since taking office, and his first since the integration with Carrot General Insurance.

According to the Financial Supervisory Service’s electronic disclosure system on October 28, Hanwha General Insurance announced the previous day that CEO Nae had acquired 10,000 shares of the company’s stock on the open market. His total holdings now amount to 40,000 shares. Hwang Dongwon, Executive Director of Strategic Planning, also purchased 5,400 shares on the same day, further supporting the management’s commitment to responsible leadership. CEO Nae has consistently bought company shares not only when the stock was undervalued, but also to share his vision for mid- to long-term growth with the market and to demonstrate his commitment to responsible management as an executive.

This latest purchase by CEO Nae is interpreted as a clear expression of his intent to enhance shareholder value and strengthen responsible management.

Nae Chaebum, CEO of Hanwha General Insurance. Hanwha General Insurance

On October 1, Hanwha General Insurance merged with Carrot General Insurance and relaunched as a new “hybrid insurer” with a strong digital focus. By combining its accumulated femtech (female + technology) assets with Carrot’s digital DNA, the company aims to secure key future growth drivers and become a leading partner in customer wellness through artificial intelligence.

For the same reason, key executives have also participated in purchasing company shares. As of this month, the total number of shares acquired by 29 major executives, including CEO Nae, since the beginning of the year stands at 179,161 shares. Key executives such as Oh Donghun (2,281 shares), Lim Hyunbin (4,500 shares), Lee Seungyeop (2,000 shares), and Lee Jaehyun (4,000 shares), were listed as having purchased shares in August and September, just prior to the integration with Carrot General Insurance.

A Hanwha General Insurance representative stated, “The purchase of company shares by CEO Nae and key executives is a proactive move to enhance shareholder value and increase corporate value,” adding, “Based on the synergy from the integration with Carrot General Insurance, we will solidify a foundation for sustainable growth through responsible management.”

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