1. SGI H1 2025 Earnings Breakdown: What Happened?

SGI achieved operating profit of KRW 111.8 billion and net income of KRW 84.8 billion in H1 2025. Q2 performance showed significant improvement year-over-year, driven by strong results in both insurance and investment operations.

2. Key Drivers of Growth: Why the Improvement?

  • Solid Fundamentals: As Korea’s sole comprehensive guarantee insurance company, SGI enjoys a stable revenue base thanks to its strong market dominance.
  • Effective Risk Management: SGI effectively manages risk through sophisticated underwriting systems and enhanced data-driven capabilities.
  • Future Growth Drivers: SGI is securing new growth engines through the utilization of non-financial data and expansion into the credit information business. The ‘WITH SGI’ vision, focusing on global expansion and four core strategies, further strengthens its outlook.

3. Potential Risks and Investment Considerations: What to Watch Out For?

Despite the positive momentum, potential risks such as economic sensitivity, interest rate and exchange rate fluctuations, and system failure risk remain. However, SGI’s strong fundamentals and proactive risk management capabilities suggest these risks are manageable.

4. Key Action Plan for Investors

  • Monitor Earnings Momentum: Investors should closely track whether the Q2 earnings growth can be sustained in the second half of the year.
  • Focus on Risk Management: Pay close attention to SGI’s ongoing investments in enhancing IT security systems and cyber attack response capabilities.
  • Assess Macroeconomic Impacts: Continuously analyze the potential impact of fluctuations in interest rates, exchange rates, and oil prices on SGI’s investment returns and business environment.
  • Track ‘WITH SGI’ Vision Progress: Monitor the specific implementation plans and achievements related to the ‘WITH SGI’ vision to inform investment decisions.