DB Insurance's consolidated equity fell in FY2023 and again in FY2024, from ₩12.1tn to ₩9.4tn, while retained earnings rose in every one of those years.
DB Insurance filed a new corporate value-up plan on 28 August 2026 committing to a 40% consolidated shareholder return ratio by 2030 and 10% annual dividend growth.
DB Insurance closed its $1.65bn purchase of US specialty insurer The Fortegra Group on 29 May 2026, the largest US acquisition by a Korean non-life carrier.
DB Insurance (KRX:005830) raised its long-term dividend payout target to 50% of earnings by 2030, up from 40%, as the insurer pursues shareholder returns alongside capital building, the company said Wednesday.
DB Insurance has set a goal of returning 50% of net earnings to shareholders by 2030.
DB Insurance (005830) set a 2030 shareholder return target of 40% on a consolidated basis and 50% on a separate basis, with dividends per share growing at least 10% a year, the company said in a filing on Friday.
| Period | 005830 | KOSPI | Difference |
|---|---|---|---|
| 1 week | +4.4% | -1.5% | +5.9% |
| 1 month | +26.4% | +5.2% | +21.3% |
| 3 months | +35.2% | -22.6% | +57.8% |
| 6 months | +11.5% | +31.3% | -19.8% |
| Year to date | +49.3% | +58.7% | -9.4% |
| 1 year | +42.4% | +108.9% | -66.5% |
Closed at 89% of the way from its 52-week low (₩119,300) to its 52-week high (₩205,500).
DB Insurance is a Korean property and casualty insurer, generally ranked second in the domestic non-life market by premium volume behind Samsung Fire & Marine. Its business is not the one a US reader might assume from the name: the largest and most profitable part is long-term protection insurance — multi-decade health, accident and illness policies sold to individuals — with motor insurance and conventional commercial property and liability lines alongside it. That long-term book is why the company's reported earnings hinge on IFRS 17 mechanics such as the contractual service margin, an unearned profit balance released into income over the life of a policy, rather than on the single-year loss ratios that drive a US personal-lines carrier. The company is the main operating subsidiary of DB Group, the former Dongbu Group, and it also underwrites overseas through US branches serving Korean-American communities in Hawaii, Guam and California, plus stakes in insurers in Vietnam, Indonesia and elsewhere in Asia. Foreign investors hold roughly 44% of the shares, among the highest levels in the Korean market, and the stock has been a recurring subject of the government's corporate value-up programme because Korean insurers trade at low multiples of book value.
| Sector | Insurance | Employees | |
| Market | KOSPI | Founded | |
| Korean name | DB손해보험 | Head office |
| Symbol | Last Price |
|---|---|
| 032830Samsung Life Insurance co., Ltd | ₩297,500 -1.8% |
| 000810SAMSUNG FIRE & MARINE INSURANCE CO.,LTD | ₩663,000 -5.6% |
| 088350Hanwha Life Insurance | ₩5,740 -6.1% |
| 001450Hyundai Marine & Fire Insurance Co., Ltd. | ₩51,100 -4.5% |
| 031210Seoul Guarantee Insurance Company | ₩43,650 -2.7% |
| 085620Mirae Asset Life Insurance | ₩19,920 -5.1% |
| 003690Korean Reinsurance Company | ₩14,500 -6.3% |
| 000370Hanwha General Insurance Co., Ltd. | ₩8,420 -5.9% |
| 000400Lotte Non-Life Insurance Co., Ltd. | ₩2,050 -4.4% |