Samsung Life Insurance
삼성생명
Korea's largest life insurer.
Latest News
Samsung Life's H1 2026 Profit Jumps 36% as Investment Gains Mask Weaker Insurance Core
Samsung Life Insurance posted a 35.8% surge in first-half net profit to 1.89 trillion won, but the headline growth relied heavily on investment income after core insurance service results fell 35.9%, prompting a share price drop.
Samsung Life, Samsung Fire Weigh Combined $6.6bn UK, US Acquisitions
Samsung's two insurance affiliates are reportedly exploring roughly 9 trillion won in overseas deals, including a possible takeover of London insurer Canopius and a stake in US-based Principal Financial Group, as they push to diversify beyond a saturated home market.
Samsung Life, Samsung Fire Weigh $5.4 Billion Push Into Overseas Insurance M&A
With capital reserves swelling under Korea's K-ICS solvency regime, Samsung Life Insurance and Samsung Fire & Marine are considering deals worth up to $5.4 billion for stakes in Britain's Canopius and the U.S.'s Principal Financial Group, favoring overseas expansion over bigger dividends or buybacks.
Samsung Life Targets Top Stake in Principal Financial Group
South Korea's largest life insurer is reportedly in talks to buy up to a 15% stake in Principal Financial Group for as much as $4.4 billion, a deal that would make it the US retirement giant's largest shareholder.