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DB Insurance FY 2025 Annual Report
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Filed: March 31, 2026· period ending December 31, 2025DART
DB Insurance Overview

DB Insurance annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 31, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

DB Insurance FY 2025 Annual Report Analysis

Business Overview

  • • DB Insurance (DB손해보험) non-life insurer: FY2025 total revenue KRW 20T, net income KRW 1.53T; long-term insurance 54% + auto 26.7% of premium revenue
  • • Fortegra Group (US specialty insurer) acquisition announced — strategic pivot to US as core overseas market, alongside existing Vietnam, Indonesia, Myanmar, China offices

Management Discussion & Analysis

  • • DB손해보험 FY2025 standalone: revenue (영업수익) KRW 20.0T (+6.32% YoY), OP KRW 2.09T (-11.63% YoY), net income KRW 1.53T (-13.39% YoY)
  • • Long-term insurance risk loss ratio rose 4.6%p to 92.4% — driven by post-COVID hospital utilization surge; auto insurance loss ratio up 4.8%p — driven by premium rate cuts; general insurance loss ratio up 3.2%p to 72.0% — domestic/overseas large losses

DB Insurance FY 2025 Key Financial Metrics
DART

Total Assets

KRW 74.02T

▲ +11.3% YoY

Operating Cash Flow

-KRW 282.4B

▼ -108.4% YoY

CapEx

KRW 75.4B

▲ +52.2% YoY

Source: KIFRS consolidated financial data from DB Insurance annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding