Samsung Fire & Marine Insurance Q1 2026 Net Income KRW 635.2B, Share Cancellation and Enhanced Shareholder Return Policy

Q1 2026 consolidated insurance revenue KRW 4.66 trillion (+4.1% YoY), net income KRW 635.2 billion (+4.3% YoY)
Completed cancellation of 1.36 million common shares (3%), targeting 50% dividend payout ratio by FY'28
K-ICS ratio 270.13% (industry-leading), ROE 10.42% (improved from 9.41%)
Investment yield 2.81%, AUM KRW 93.9 trillion, NPL ratio 0.09%
Maintains S&P AA- (11th year), A.M. Best A++ (15th year), domestic AAA ratings
Non-life insurance market share 22.6% (No.1), overseas subsidiaries' performance improving
Ongoing lawsuits (overtime pay, etc.) with limited financial impact