Samsung Fire & Marine Insurance Acquires Canopius (36 Affiliates) in 2025, Approves Share Cancellation in 2026, Enhancing Long-Term Shareholder Value

Samsung Fire & Marine Insurance acquired the UK Lloyd's insurer Canopius Group in October 2025, adding 36 affiliates, net increase of 32 after some sales/liquidations.
As of end-2025, total assets 93.8 trillion KRW, equity 20.6 trillion KRW, net income 1.69 trillion KRW, indicating stable financials.
The board approved share cancellation on March 20, 2026 (amount undisclosed), signaling enhanced shareholder return.
Major shareholders: Samsung Life 15.90%, treasury 10.79%, Lee Jae-yong 0.10%.
Internal transactions with affiliates: 471.7 billion KRW domestic, 414.0 billion KRW overseas (insurance premiums, leases, trademark fees, etc.).
[AI Summary]Routine disclosure with no immediate impact, but Canopius acquisition boosts global competitiveness and share cancellation approval is positive for long-term shareholder value.

Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]
Company: Samsung Fire & Marine Insurance (000810)
Submission: Samsung Fire & Marine Insurance Co., Ltd.
Receipt: 06-01-2026
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