According to Yonhap Infomax, South Korea's five major insurers (Samsung Fire & Marine, DB Insurance, Meritz Fire & Marine, Hyundai Marine & Fire, and KB Insurance) reported combined net profit of 1.6342 trillion won in the third quarter of 2026, down 5.1% year-over-year. The decline was driven by a sharp drop in investment returns as stock market weakness offset improved underwriting profit, with investment returns falling significantly across all five insurers amid market volatility.
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