1. Hanwha Life Insurance H1 2025 Earnings: Key Highlights
Hanwha Life reported revenue of KRW 2.96 trillion, operating profit of KRW 240.7 billion, and net income of KRW 165.7 billion in H1 2025. While revenue slightly increased year-over-year, both operating and net income declined. Positive signs include strong sales of guaranteed insurance products and robust financial health.
2. Factors Influencing Performance
Positive Factors:
- Robust financial health (Total assets of KRW 126.7 trillion, AAA credit rating)
- Strong guaranteed insurance sales (New contract CSM of KRW 925.5 billion)
- Overseas business growth (Vietnam, Indonesia)
- Accelerated digital transformation (AI contact center, AI-based virtual conversation solution)
- Strengthened ESG management (A rating for 5 consecutive years)
Risk Factors:
- Global economic uncertainty and interest rate volatility
- Continued operating losses of Carrot General Insurance
- Intensifying competition in the Korean life insurance market
3. Action Plan for Investors
Hanwha Life Insurance remains an attractive option for stable dividends, with a positive long-term outlook. However, close monitoring of macroeconomic conditions and the company’s strategic execution is crucial. Key areas to analyze include subsidiary profitability improvement, digital transformation ROI, overseas expansion strategy, and the impact of interest rate volatility.