It actually was founded inside the January 1952 while the Korea Anbo Flame and you may Aquatic Insurance policies and you will are rebranded Samsung Fire & Marine Insurance rates inside the December 1993. Samsung Flame & Aquatic Insurance also provides characteristics in addition to accident insurance, auto insurance, casualty insurance coverage, flame insurance rates, accountability insurance rates, aquatic insurance, private pensions and you can money. Since February 2011 they had functions within the 10 nations and you can 6.5 million users. Samsung Fire & Marine Insurance coverage had an entire superior money away from $11.7 billion in 2011 and you will full assets from $twenty-eight.81 billion on the 31 March 2011. Simple fact is that premier supplier of standard insurance policies within the South Korea.
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What’s more, it used a-south Korean ruling stating that one another organizations was accountable for infringing on each other people’s rational property. Inside first trading following ruling, Samsung offers on the Kospi list decrease 7.7%, the biggest fall as the twenty-four October 2008, to 1,177,000 Korean won. Versus most other big Korean companies, Samsung lasted the new 1997 Asian economic crisis seemingly unharmed. But not, Samsung Motor are sold so you can Renault at the a serious losings. At the time of 2010, Renault Samsung are 80.one percent belonging to Renault and you will 19.9 per cent owned by Samsung.
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