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Samsung Fire & Marine Insurance Co., Ltd.

 
Hoover's Profile: Samsung Fire & Marine Insurance Co., Ltd.
Contact Information
Samsung Fire & Marine Insurance Co., Ltd.
Samsung Insurance Bldg. 87, Euljiro 1-ga, Choong-Gu
Seoul 100-191, South Korea
Tel. +82-2-758-7037
Fax +82-2-758-7831

Type: Public
On the web: http://www.samsungfire.com.cn
Employees: 5,438

Chances are that when you think of Samsung, you think TVs, DVDs, and MP3s. But in South Korea, Samsung also means insurance. Samsung Fire & Marine is the largest casualty insurance company in the region, offering auto, injury, and long-term health coverage. The company has streamlined operations to compete in an increasingly deregulated market -- one that allows foreign competition. The firm has entered foreign markets such as China, Europe, Indonesia, Japan, and Vietnam, forming business alliances with People's Insurance Company of China and Tokio Marine.

Key numbers for fiscal year ending March, 2008:
Sales: $12,104.1M

Officers:
President, CEO, and Director: Chi Dae Sub
EVP and Director: Yoon Yong Am
Auditor and Director: Son Kwang Ki

Competitors:
Aioi
Allianz
Sompo Japan Insurance

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