[이코노믹리뷰=금교영 기자] Mirae Asset Life Insurance announced on the 19th that it recorded 92.1 billion won in net income last year. This is a 7.9% decrease from the previous year’s 100 billion won.
During the same period, sales increased by 3.5% to 3,518.9 billion won, and operating profit increased by 6.4% from 123.9 billion won to 1319 billion won.
An official of Mirae Asset Life Insurance explained, “The overall cost to revitalize the contracted business and increase new contracts has increased, and net profit decreased as the investment environment deteriorated due to Corona 19, reflecting asset damage.”
However, it is evaluated that it has achieved a performance that meets the goal of achieving sustainable growth through the expansion of the non-insurance sector and the two-track strategy emphasizing guaranteed insurance and variable insurance.
Last year’s new contract APE was 7546 billion, an increase of more than 60% from the previous year. Among them, guarantees grew by 44.5% and variable investments by 77.5%.
In addition, the growth of the non-insurance sector continued as it achieved KRW 12.500 trillion in variable reserves and KRW 5.8 trillion in retirement pension reserves, recording fee-biz commission income of KRW 59.7 billion.
An official from Mirae Asset Life said, “We will respond to the business environment that is expected to change rapidly after the corona through sales channels and digital innovation this year.”