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  September 5, 2001
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Home > Company Index > Insurance > Multiline Insurance > Samsung Fire & Marine Insurance Co., Ltd.

Samsung Fire & Marine Insurance Co., Ltd.
 PROFILE
Samsung Fire & Marine Insurance is ready to cast off the recession doldrums and make itself a place in the sunshine of success. The company sells nonlife insurance, including policies for automobiles, ship hulls, and cargo. It also provides fire and injury policies, as well as long-term health coverage. As the company has recovered from the collapse of the South Korean economy, it has streamlined operations to compete in an increasingly deregulated market -- one that allows foreign competition. The firm is now focused on expanding its e-business and has entered foreign countries such as China. Samsung Fire & Marine has formed a capital and business alliance with Japan's largest nonlife insurer, Tokio Marine & Fire.

 COMPETITION
Allianz AG (AZ)
The Chiyoda Fire & Marine Insurance Co., Ltd. (dossier)
The Yasuda Fire and Marine Insurance Company, Limited (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 29,906.10
Employees: 4,100
Revenue per employee: $7,294,170.73

 KEY PEOPLE
• Lee Chong-Ki
    CEO
• Hwang Tae-Sun
    CFO

 CONTACT INFO
Samsung Insurance Bldg. 87, Euljiro 1-Ka, Choong-ku
Seoul 100-191, South Korea
Phone: 82-2-758-7114
Fax: 82-2-758-7801
Online: Web Site

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