The company said net income applicable to common shareholders for Q4 2023 swung to $1,460 million from a net loss of $303 million a year earlier, and adjusted net income was $1,541 million ($5.82 per diluted share).

1. 01

   The company said net income applicable to common shareholders for Q4 2023 swung to $1,460 million from a net loss of $303 million a year earlier, and adjusted net income was $1,541 million ($5.82 per diluted share).

2. 02

   The company said Property-Liability underwriting income for Q4 2023 swung to $1,325 million from an underwriting loss of $1,035 million a year earlier, and its recorded combined ratio was 89.5 compared with 109.1 a year earlier.

3. 03

   The company said Property-Liability premiums earned for Q4 2023 rose 10.7% to $12,601 million, and premiums written rose 10.1% to $12,640 million.

4. 04

   The company said net investment income for Q4 2023 was $604 million, up $47 million from a year earlier, and its total return on the investment portfolio was 4.6%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.