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Analysis

Samsung Fire & Marine Insurance Company Source Reference Guide

A source-led guide to Samsung Fire & Marine Insurance's official reporting, entity boundary, disclosure periods, and company reference cards.

Article Intelligence

How this article maps to InsureSouk

Published date
Last reviewed date
Source quality
Company disclosureOfficial public record
Lines
Commercial insuranceProperty and casualty
Primary company
Samsung Fire & Marine Insurance
Primary tracker
Company Intelligence

Samsung Fire & Marine Insurance needs an entity-specific source guide. Samsung Fire & Marine adds a major Korean P&C insurer whose Insurance Business Act regulatory-subsidiary status differs explicitly from Samsung Life's accounting conclusion, alongside a separately regulated UK subsidiary perimeter. The canonical company surface is the Samsung Fire & Marine Insurance profile, while the references archive is the source-card record.

Article Intelligence

  • Primary company: Samsung Fire & Marine Insurance.
  • Entity type and home jurisdiction: Listed South Korean property and casualty insurance company; South Korea.
  • Source-pack depth: 4 cards across 4 categories.

Why This Source Map Is Distinct

Samsung Fire's FY2025 consolidated results are paired with Samsung Life's exact DART accounting note, the Korean FSC regulatory decision, and the UK subsidiary's FY2024 SFCR so each reporting and legal perimeter stays explicit. Together, the cards establish a route from identity and business scope to periodic reporting and capital, regulatory, ratings, exchange, or profile context.

Reading The Source Categories

1. FY25 Business Results / full-year results

Owner: Samsung Fire & Marine Insurance. Category: FY25 Business Results / full-year results. Reporting period: FY2025, year ended 2025-12-31; published 2026-02-20. Entity scope: Samsung Fire & Marine consolidated financial statements. Geography/legal jurisdiction: South Korea. Evidence: On the FY25 consolidated basis, insurance revenue was KRW 18,656.7 billion, insurance profit KRW 1,559.8 billion, operating profit KRW 2,773.1 billion, net profit KRW 2,020.3 billion, and net profit attributable to majority interest KRW 2,018.3 billion. Caution: Official results-library article 228 attachment reviewed; the profit-and-loss highlights are on PDF page 19 in units of 100 million KRW. Page 19 is based on consolidated financial statements. Do not mix it with page 20's non-consolidated insurance-service figures, and retain the issuer's labels and unit conversion.

2. FY2025 DART Note 9(9) on Samsung Fire Shares / ownership and accounting disclosure

Owner: Samsung Life Insurance. Category: FY2025 DART Note 9(9) on Samsung Fire Shares / ownership and accounting disclosure. Reporting period: FY2025; treasury-share cancellation completed 2025-04-30. Entity scope: Samsung Life consolidated financial statements and accounting for its Samsung Fire shareholding. Geography/legal jurisdiction: South Korea. Evidence: Samsung Fire's treasury-share cancellation was completed on 2025-04-30, and Samsung Fire became Samsung Life's Insurance Business Act regulatory subsidiary that day; Samsung Life concluded it had no significant influence, did not apply equity-method accounting, and retained the shares as FVOCI financial assets. Caution: Exact official DART corrected-report note 9(9) reviewed. Regulatory-subsidiary status is not accounting control or significant influence; Samsung Fire was neither consolidated nor equity-accounted by Samsung Life.

3. Approval of Samsung Fire Regulatory-Subsidiary Ownership / regulatory approval

Owner: Financial Services Commission Korea. Category: Approval of Samsung Fire Regulatory-Subsidiary Ownership / regulatory approval. Reporting period: Decision dated 2025-03-19. Entity scope: Insurance Business Act approval for Samsung Life's Samsung Fire shareholding. Geography/legal jurisdiction: South Korea. Evidence: The FSC approved regulatory-subsidiary ownership on 2025-03-19; the planned cancellation of 1.36 million Samsung Fire treasury common shares was expected to raise Samsung Life's ordinary-share interest from 14.98% to 15.43%. Caution: Official FSC decision page and attached decision 95, pages 1-3, reviewed. The FSC decision establishes regulatory approval; use the Samsung Life FY2025 DART note for the actual effective date and separate accounting conclusion.

4. 2024 Solvency and Financial Condition Report / regulated-subsidiary report

Owner: Samsung Fire & Marine Insurance Company of Europe. Category: 2024 Solvency and Financial Condition Report / regulated-subsidiary report. Reporting period: FY2024, year ended 2024-12-31. Entity scope: Samsung Fire & Marine Insurance Company of Europe Limited only. Geography/legal jurisdiction: United Kingdom. Evidence: Under Solvency UK at 2024-12-31, the UK subsidiary reported own funds of GBP 49.717 million, a solvency capital requirement of GBP 16.297 million, SCR coverage of 305%, and a minimum capital requirement of GBP 4.074 million. Caution: Official subsidiary PDF reviewed; legal and business perimeter appears on pages 12 and 15, values on pages 2, 74, and 76, and country of incorporation GB on page 78. These GBP Solvency UK values are subsidiary-only and must not be applied to the Korean parent; policyholder domicile does not change the company's UK legal jurisdiction.

Reporting Periods And Company-Specific Facts

The source cards above contain the pack's principal numerical evidence from FY25 Business Results / full-year results, FY2025 DART Note 9(9) on Samsung Fire Shares / ownership and accounting disclosure, Approval of Samsung Fire Regulatory-Subsidiary Ownership / regulatory approval. Each fact remains inside its complete reporting-period and entity-scope record rather than being detached into a current-value table. Units, currencies, denominators, statutory or non-statutory labels, and issuer-defined terminology must remain exactly as the applicable card records them.

Entity Boundary

Use Samsung Fire & Marine Insurance Co., Ltd. for the listed Korean insurer and consolidated scope only where stated. Samsung Fire became an Insurance Business Act regulatory subsidiary of Samsung Life on 2025-04-30, but Samsung Life's FY2025 consolidated financial statements found no significant influence, did not consolidate or equity-account Samsung Fire, and classified the shares as FVOCI. Overseas subsidiaries and branches remain separate legal and regulatory entities. Do not transfer Samsung group, Samsung Life, Korean parent, or UK-subsidiary metrics across entities. Preserve KRW versus GBP units, consolidated versus non-consolidated labels, IFRS 17 terminology, and regulatory-versus-accounting status. The guide therefore keeps the parent, consolidated group, operating insurers, brands, branches, joint ventures, and non-insurance businesses separate whenever the dossier identifies those distinctions.

What The Pack Can And Cannot Establish

The pack can establish the owner, category, URL, period, scope, and recorded facts for each card. It cannot establish current pricing, product suitability, underwriting capacity, ranking, security value, private terms, or a standalone solvency conclusion.

Related Intelligence

Source Limitations

Public sources are periodic and purpose-specific. They do not provide private underwriting files, policy terms, live placement information, or complete subsidiary coverage; every entity-specific and source-specific caution above remains controlling.

Reader Note

This guide is editorial reference material, not a recommendation. Use current primary documents and appropriate professional review for decisions.

Sources and methodology