Hyundai Marine & Fire Insurance Business Structure and Performance

Hyundai Marine & Fire Insurance has a robust business structure that enables it to provide comprehensive insurance services to its customers.

The company operates through a network of branches and agencies, with a strong presence in Korea and abroad.

Hyundai Marine & Fire Insurance offers a wide range of insurance products, including marine insurance, fire insurance, and other related services.

These products are designed to meet the diverse needs of its customers, from individuals to businesses.

The company's performance is impressive, with a high level of customer satisfaction and a strong financial position.

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Hyundai Marine & Fire Insurance Co., Ltd. has a capitalization of $1.823 billion, with a P/E ratio of 1.77x in 2024.

The company's enterprise value is also substantial, ranging from $1.25 billion to $188 billion across different periods.

As for free-float, Hyundai Marine & Fire Insurance Co., Ltd. has a free-float of 64.86%.

The yield on the company's stock is expected to be 12.9% in 2024 and 8.11% in 2025.

Here's a breakdown of the company's capitalization and enterprise value over time:

Hyundai Marine & Fire Insurance has a significant presence in the investment and partnership space. They have made 16 investments, with their latest being in POEN as part of their Series B on July 09, 2024.

Hyundai Marine & Fire Insurance has a strategic partnership with VietinBank, which was formed on October 10, 2022. They also have a partnership with Small Ticket, established on November 1, 2019.

Their partnership with VietinBank is a notable one, demonstrating their commitment to working with other businesses in the industry.

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Hyundai Marine & Fire Insurance has made 16 investments, a significant commitment to supporting various businesses.

Their latest investment was in POEN as part of their Series B on July 09, 2024, showing their ongoing interest in innovative ventures.

Hyundai Marine & Fire Insurance has strategically partnered with two businesses. One of these partners is VietinBank, a Vietnamese bank, which the company partnered with on October 10, 2022.

Hyundai Marine & Fire Insurance's partnership with VietinBank is a significant move, but the company also has another partner, Small Ticket, a South Korean business.

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Hyundai Marine & Fire Insurance has a diverse Board of Directors, with members from various backgrounds and age groups. The Chairman of the Board is Mong-Yoon Chung, who has been in the position since 2003.

The Board consists of five members, including Yong-Il Cho, Sung-Jae Lee, Tae-Jin Kim, and Bong-Gyu Jang. Their ages range from 51 to 70 years old.

Here's a brief overview of the Board members:

Tae-Jin Kim is the youngest member of the Board, joining in 2019, while Mong-Yoon Chung has been in the position for the longest time, since 2003.

Shareholders play a crucial role in a company's governance, and it's essential to understand who they are and what they own.

Mong-Yoon Chung is the largest shareholder, holding 22% of the company's equities, which is valued at 335 million won.

The company itself, Hyundai Marine & Fire Insurance Co., Ltd., also holds a significant stake, with 12.29% of the equities valued at 187 million won.

National Pension Service of Korea is another major shareholder, owning 7.357% of the company, which translates to 112 million won in valuation.

Here's a breakdown of the top shareholders:

Gyeong-seon Chung and Jung-ee Jung are also shareholders, but their stakes are significantly smaller, at 0.4548% and 0.3842%, respectively.

The Board Composition of Hyundai Marine & Fire Insurance Co., Ltd. is made up of experienced individuals with a mix of ages and tenures. The Chairman of the Board is Mong-Yoon Chung, a 70-year-old who has been in the role since December 31, 2003.

The Board consists of four other members: Yong-Il Cho, Sung-Jae Lee, Tae-Jin Kim, and Bong-Gyu Jang. Yong-Il Cho and Sung-Jae Lee are both 66 and 65 years old, respectively, and have been Board Members since an unspecified date. Tae-Jin Kim is 53 years old and has been a Board Member since March 21, 2019. Bong-Gyu Jang is 51 years old and has been a Board Member since an unspecified date.

Here are the Board Members with their titles and ages:

Hyundai Marine & Fire Insurance has a strong presence in the Korean market, with over 70 years of experience in providing marine and fire insurance services.

The company has a wide range of insurance products, including marine cargo insurance and fire insurance, which are designed to protect businesses and individuals from financial losses due to maritime and fire-related risks.

With a focus on customer satisfaction, Hyundai Marine & Fire Insurance has implemented a comprehensive claims handling system to ensure that policyholders receive prompt and fair compensation for their losses.

Hyundai Marine & Fire Insurance Co., Ltd. has reported earnings results for the third quarter and nine months ended September 30, 2024.

Hyundai Marine & Fire Insurance Co., Ltd. has received funding from several investors, including Hanwha Investment & Securities Co., Ltd., Hyundai Investment Partners Co., Ltd., GLK Equity Investment Co., Ltd., Hana Ventures Inc., and SK Networks Company Limited.

A total of KRW 12 billion was received from these investors on September 24.

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In the insurance industry, companies are evaluated on their Environmental, Social, and Governance (ESG) risk ratings. This rating is a crucial factor for investors and stakeholders to assess a company's performance and potential.

Companies like LPI Capital Bhd. and Hyundai Marine & Fire Insurance Co., Ltd. have a medium ESG risk rating of 22.7 and 26.5, respectively. These ratings indicate a moderate level of risk associated with their ESG practices.

Employers Holdings, Inc. and HCI Group, Inc. stand out with high ESG risk ratings of 30.3 and 32.7, respectively. This suggests that these companies have implemented robust ESG practices, reducing their risk exposure.

A closer look at the industry rankings reveals that Employers Holdings, Inc. is ranked 251 out of 296, while HCI Group, Inc. is ranked 272 out of 296. This indicates that these companies are among the top performers in the industry when it comes to ESG practices.

Here's a summary of the ESG risk ratings and industry rankings for the mentioned companies:

Hyundai Marine & Fire Insurance Co., Ltd. saw significant growth in sales over the years, with a notable geographical breakdown. In South Korea, sales reached 15,984 billion won in 2022, a substantial increase from the previous year.

Looking at the data, it's clear that the company's domestic market is a major contributor to its overall sales. South Korea accounted for the majority of sales, with 13,237 billion won in 2019 and 15,984 billion won in 2022.

Interestingly, the company's foreign sales also showed growth, reaching 295 billion won in 2021 and 340 billion won in 2022.

Here's a breakdown of the company's geographical sales:

Hyundai Marine & Fire Insurance has been making headlines in recent years. The company has been involved in several funding rounds, with the most recent one being KRW 12 billion from a group of investors including Hanwha Investment & Securities Co., Ltd. and Hyundai Investment Partners Co., Ltd.

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In 2024, Hyundai Marine & Fire Insurance received funding from Eoding Corp. The company has also been involved in several IPOs, including one from HD Hyundai Marine Solution that priced shares at the top of the range in a $538 million deal.

Hyundai Marine & Fire Insurance has been reporting its earnings results regularly. In 2024, the company reported earnings results for the third quarter and nine months ended September 30, as well as for the second quarter and six months ended June 30.

Here are the recent funding rounds and earnings reports for Hyundai Marine & Fire Insurance:

Hyundai Marine & Fire Insurance has also been involved in some controversies. The company's ESG Risk Rating has been impacted by controversy in the last three years.