Korean Reinsurance Q1 2026 Strong Results and Credit Rating Upgrades

Q1 2026 separate operating profit of KRW 284.5 billion, up KRW 166.9 billion YoY (net profit KRW 209.5 billion, up KRW 118.9 billion)
ROE 22.58%, ROA 5.98%, showing sharp profitability improvement
K-ICS ratio maintained at 195~197%, indicating very sound financial health
S&P credit rating upgraded to A+(Stable), Moody's A1(Stable) (upgraded in 2025)
Full cancellation of 18.1 million treasury shares on Mar 31, 2026 for shareholder return
Ongoing appellate retrial regarding FTC penalty of KRW 78.6 billion (contingent liability)