The insurance industry recorded a net profit of 9 trillion won in the first half of the year. Life insurance companies made more profit from investments than their core business. According to the Financial Supervisory Service on the 29th, the net profit of insurance companies in the first half of this year was 9.09 trillion won, up 3.4% from 8.78 trillion won in the same period last year. The net profit of life insurance companies was 4.51 trillion won, up 5.8% from 4.26 trillion won in the same period last year. In the case of life insurance companies, their profit from core business such as insurance contracts decreased by 1.1% to 1.53 trillion won, but their investment profit increased by 10.3% to 3.34 trillion won. The net profit of non-life insurance companies was 4.58 trillion won, up 1.1% from 4.52 trillion won in the same period last year. The Financial Supervisory Service analyzed that "the insurance industry's net profit increased due to a decrease in the loss ratio and an increase in investment profit." The loss ratio of life insurance companies in the first half of this year was 77.1%, down 1.6 percentage points from 78.7% in the same period last year. The loss ratio of non-life insurance companies was 83.1%, down 0.6 percentage points from 83.7% in the same period last year. The investment profit of insurance companies increased by 10.8% to 11.47 trillion won. The Financial Supervisory Service said, "The insurance industry's profit is expected to improve in the second half of the year as the interest rate is expected to rise and the value of investments such as stocks and bonds will increase."

This year's first half, Korean insurance companies reported a combined net profit of 9 trillion won, with life insurance companies generating more profit from their investments than from their core business. The Financial Services and Insurance Agency released the '2026 First Half Insurance Company Financial Results' on the 27th.

Life insurance companies, including 22 companies, reported a net profit of 9.138 trillion won for the first half, a 1.366 trillion won increase from the previous year. Investment profits contributed to a 5.903 trillion won increase in their net profit. Non-life insurance companies, comprising 30 companies, saw a net profit of 5.884 trillion won for the first half, a 4474 billion won increase.

Investment profits rose by 2.557 trillion won to 2.7601 trillion won, while insurance losses increased by 5.310 trillion won to 4.3261 trillion won. Combined investment profits total 5.4404 trillion won, with life insurance companies earning 7.506 trillion won more in investment profits than non-life insurance. The insurance sector's premium income reached 134.9348 trillion won, a 10.5525 trillion won increase from the same period last year.

Life insurance companies saw a 65.2045 trillion won increase, while non-life companies increased by 69.7303 trillion won. Profitability metrics were mixed, with ROA rising 0.04 percentage points from the previous year but ROE decreasing 2.75 percentage points. The total assets of insurance companies stood at 1467.9 trillion won as of June, a 123.8 trillion won increase from the previous year.

Total liabilities rose to 1213.3 trillion won, a 37.7 trillion won increase. Total capital surged to 254.6 trillion won, a 86.1 trillion won jump. The central bank noted the impact of rising interest rates on asset values and increased caution regarding financial stability, urging insurance companies to closely monitor performance and proactively address potential risks.