DB Insurance (005830) Q2 2026 earnings summary

Executive summary

• Achieved consolidated net income of KRW 1,116.4 billion for H1 2026, with strong contributions from insurance and investment operations.

• Completed the acquisition of Fortegra Group, Inc., expanding global specialty insurance presence.

• Maintained robust capital adequacy, with a risk-based capital ratio of 204.4% at the end of Q2 2026.

Financial highlights

• Consolidated revenue for H1 2026 reached KRW 13,784.5 billion, up from KRW 12,299.3 billion in H1 2025.

• Operating profit was KRW 1,586.9 billion, compared to KRW 2,383.9 billion in the prior year period.

• Net income attributable to owners was KRW 1,114.3 billion, down from KRW 1,788.0 billion in H1 2025.

• Total assets increased to KRW 81,608.3 billion as of June 30, 2026.

• Insurance service revenue for H1 2026 was KRW 8,483.6 billion.

• Investment income for H1 2026 was KRW 2,272.2 billion.

Outlook and guidance

• Focus on integrating Fortegra and leveraging its specialty insurance expertise for global growth.

• Continued emphasis on risk management, capital adequacy, and sustainable profitability.

• Strategic expansion in overseas markets, especially the US and Southeast Asia.