Kakao Pay Corp. Insurer Posts Record Quarterly Premium Revenue - Newsis

Kakao Pay Corp. (377300) unit Kakao Pay Insurance recorded second quarter gross written premiums of ₩25.6 billion. Newsis reported Friday that the amount exceeded the previous quarterly record of ₩24.3 billion set in the first quarter.

The insurer recorded a second quarter net loss of ₩7.2 billion, compared with ₩10.3 billion in the first quarter. Its insurance revenue for the first half reached ₩44 billion and rose 82.6% from a year earlier.

First half premiums from long term insurance totaled ₩4.5 billion, exceeding the ₩4.4 billion recorded throughout 2025. The company's market capitalisation was ₩6.4 trillion at Friday's close.

Sources

  1. Newsis
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