A brief introduction is as follows:
Established in 1952, Samsung Fire Marine Insurance Company is affiliated to Samsung Group of Korea, occupying more than 30% of the domestic market share in Korea, and is the largest property insurance company in Korea. Samsung Fire won the standard &; Standard & Poor's rating is A+ (stable), and it has been awarded A+ (excellent) rating by A. M. Best for three consecutive years since 2002. Samsung Fire has set up a branch in Shanghai and representative offices in Beijing and Qingdao. It is the first Korean property insurance company to enter the China market.
Samsung Fire and Marine Insurance Company is headquartered in Hancheng, South Korea. With the approval of the Korean government, Samsung Fire Marine Insurance Company obtained the right to operate marine insurance business for the first time in China on August 1958. 1June, 969, allowing direct reinsurance business with overseas reinsurance companies without going through domestic reinsurance companies. Two years later, it signed a reinsurance agreement with 1 1 foreign insurance company.
At present, the main businesses of Samsung Fire Marine Insurance Company include motor vehicle insurance, fire insurance, ship insurance, liability insurance, long-term insurance, personal accident insurance, personal annuity insurance, credit business, risk management business and social services.
As of August 2002, the company's total assets were 104756 billion won, and its auto insurance market share exceeded 30.7%, making it the largest property insurance company in Korea.
Samsung Fire Marine Insurance Company has been awarded the highest credit rating (AA) by the Korea Insurance Supervision Institute for several years in succession, and was awarded "A" by A.M.BEST, an authoritative professional credit rating agency in the United States, in September 2000, and "A" by Standard & Poor's, an authoritative professional credit rating agency in the United States in February 2000, all of which reflect the abundant funds of Samsung Fire Marine Insurance Company in Korea.
On June 65438+1 October1day, 2002, A.M Best awarded Samsung Fire < A+(Superior) > Award; Samsung Fire is the first insurance company in Korea to win this honor. Only 7.8% of the insurance industry in the United States has obtained this credit rating, which is actually the highest credit rating, comparable to Allstate in the United States and AXA in France.
In the era of S&, Samsung was on fire in S & P in credit evaluation, rated as A level for three consecutive years. In the world's most advanced credit rating agency-American Standard &; In the credit evaluation conducted by Standard & Poor's, Samsung Fire won.
On June 22, 2002, 10 won the property insurance company department award in the Asian Insurance Review published in Singapore. This award was formulated by 1997 and awarded to various insurance companies entering the Asian market. During this period, this award was almost monopolized by internationally renowned insurance companies such as AHA.
South Korea is a country with poor material resources. In the early stage of development, its national strength was not strong, and its development mainly depended on the utilization of human resources. South Korea's Samsung Group is a typical representative. The establishment and adjustment of internal institutions are based on the cultivation and full utilization of human resources, so as to achieve the goal of "making the best use of people and things".
The new era requires insurance companies not only to design good insurance products, but also to build intellectual property rights, corporate philosophy and corporate culture. Plane thinking mode can't adapt to the development of the new era. This is especially true for Samsung Fire and Marine Insurance Company, which is trying to give full play to the advantages of various departments of Samsung Insurance Company in a three-dimensional way of thinking and realize a new business model with optimized combination and comprehensive benefits. In order to maintain competitiveness, more than 25 million dollars and 100 people have been invested to develop new information systems and train specialized personnel.
Samsung Fire and Marine Insurance Company always puts "the well-being of all citizens" in the first place and is committed to social welfare undertakings. In order to publicize traffic safety, Samsung Fire and Marine Insurance Company set up "STARGEO Traffic World" for children in Busan, and opened a driving school and held various safety driving education activities. At the same time, giving guide dogs was designated as a representative public welfare activity of Samsung Fire Insurance Company and became an associate member of the International Guide Dog Association. From 1995 to now, * * * has given 30 guide dogs to the visually impaired.
Samsung Fire Insurance Company constantly improves itself, and at the same time pays attention to the development of exchanges and friendly exchanges with insurance circles in other countries.
As Asian countries, China and South Korea are separated only by a strip of water, with a long history and the same economic environment. Therefore, complementary resources, mutual cooperation and exchange of personnel and technology will surely benefit both countries. Based on this, since the establishment of diplomatic relations between China and South Korea 10 years ago, the scale of South Korea's direct investment in China has gradually increased. Most of these Korean companies are customers of Samsung Fire and Marine Insurance Company, providing convenient and efficient services for Korean companies investing in China.
1In April 1995, Samsung Fire Insurance Company set up its first representative office in Beijing.1In September 1996, Samsung Fire Insurance Company set up a branch in Shanghai in May 2006, becoming the first Korean insurance company to enter the insurance market in China. Since their establishment, Samsung Fire Beijing Representative Office and Shanghai Branch have not only provided insurance consulting services for Korean investment enterprises in China, but also devoted themselves to developing friendly relations and exchanges between China and South Korea, and made great efforts to promote the economic development of the two countries.
Samsung Fire Shanghai Branch was established in April 2006 at 5438+0. Adhering to the solid and steady management policy of the head office, after more than three years of careful management, the company's business in China has made great progress. In 2004, the company realized premium income of 109354800 yuan, an increase of 82% over the previous year; The net profit was 8,822,654,38+0,000 yuan, an increase of 65,438+0.50% over the previous year. Focusing on Korean-funded enterprises, it underwrites the projects of large enterprises such as South Korea's Pohang Group and Samsung Vision. In 2004, Shanghai Branch increased its capital by about 1 billion yuan, which enriched the company's capital strength. At the same time, the company further strengthened the strength of underwriting and compensation teams, and the degree of specialization of business departments increased.
Samsung Fire always pays attention to communication with all walks of life in China. Since 1996, Samsung Fire has held the "Asian National Insurance Market Seminar" in Korea every year. The meeting invited insurance colleagues and insurance experts from China to exchange views and discuss the experience and development prospects of the insurance industry in Asia. In 2004, Samsung Fire, as always, sponsored Shanghai University of Finance and Economics to carry out insurance research, and also actively sponsored Fudan University and Shanghai Jiaotong University student associations to carry out activities.
China and South Korea are separated only by a strip of water and have similar cultural traditions. The insurance industry in South Korea has also experienced a growth process similar to that in China. In 2005, the insurance industry in China will face unprecedented development opportunities. As the only Korean property insurance company to set up a branch in China, Samsung Fire is full of confidence in the long-term development of the insurance industry in China. Samsung Fire Shanghai Branch is a young company and a dynamic company. Samsung Fire Shanghai Branch is willing to introduce insurance products and operating experience suitable for China market from South Korea, and work hand in hand with China customers and insurance industry to make China insurance industry stronger and bigger.
Website of Samsung Fire and Marine Insurance (China) Co., Ltd.:
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