Parent net income for 1Q18 came in at KRW114.6bn, missing the consensus of KRW136.1bn. Underwriting profit (mortality margin plus expense margin) stayed firm but 1) underwriting net revenue fell because of a decrease in the top-line; and 2) investment income contracted due to a falling investment yield. Nevertheless, improving policy reserve provisions is positive.
Hanwha Life Insurance Co. is engaged in providing life insurance services and other related insurance services. Co.'s insurance products consist of survival insurance, death insurance, life and death mixed insurance, and group insurance. Co. also provides loan services. Co. has 7 supporting groups, 67 branches and 707 business offices throughout the Republic of Korea (South Korea).
Hyundai Motor Investment & Securities is the investment banking arm of the Hyundai Motor Group. The company offers stock brokerage and advisory services; derivative products brokerage and advisory services; wrap account portfolio management services; and VIP wealth management and tax planning, institutional equities, derivatives, and futures brokerage services, as well as sells investment and institutional products. It also provides equity offering, ABS, real estate PF and real estate PF securitization, offshore SOC, structured financing, asset securitization, real estate sales, IPO advisory, and private equity fund and fund management services; and CMA/RP portfolio management and fixed income based investments, as well as involved in the issuance, management, and brokerage of OTC derivatives. In addition, the company offers research services, including macro economic forecasts and stock market outlook, industry overviews and forecasts, fixed income strategies, corporate credit analysis, and valuation analysis. Further, it offers a range of retirement and pension services for individuals and corporate members; portfolios and asset allocation consulting and marketing services; proposing retirement pension plans; contract and payment management services; pension plan advisory and actuarial services; and system development and implementation services, as well as operates call centers for retirement pension services, etc.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.