What Happened?

Hanwha General Insurance will hold an investor relations (IR) meeting on August 14, 2025, to announce its H1 2025 earnings. While the company reported a strong K-ICS ratio and positive Q1 results after correcting its Q1 report in March, the continued losses of Carrot Insurance are raising concerns among investors.

Key Analysis Points

1. Carrot Insurance’s Loss Magnitude: The key question is how much Carrot Insurance’s losses will impact Hanwha’s overall performance. The extent to which these losses are offset in the H1 results is crucial.
2. Asset Management Performance: Given the volatile market environment, it’s important to assess how Hanwha’s asset management performance has affected its profitability.
3. Management’s Forward Strategy: Management’s explanation of their plan to improve Carrot Insurance’s financial situation and their overall risk management strategy will be a critical factor for investors.

What’s Next?

If Hanwha can maintain the positive momentum from Q1, the stock price could see an increase. However, continued losses from Carrot Insurance or earnings that fall short of market expectations could lead to a decline. Deteriorating macroeconomic indicators could also negatively impact the stock price.

Investor Action Plan

  • Closely monitor the IR announcement and market reaction.
  • Refer to analyst reports to understand market expectations and carefully analyze the H1 financial statements.
  • Seek additional information on Carrot Insurance’s business plans and financial outlook to inform investment decisions.