Samsung Life stock reports 35.8 percent first half profit growth

Published on 10/07/2026 at 04:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung Life stock reported KRW 1.9 trillion in first-half profit on August 13, 2026, up 35.8 percent year over year. New business CSM rose 20 percent to KRW 1.7 trillion.

Samsung Life, KR7032830002, Illustration mit AI erstellt.

Samsung Life stock was last at KRW 284,500 on the KRX at 10:51 a.m. KST on October 7, 2026, while the insurer reported first-half net profit of KRW 1.9 trillion, up 35.8 percent year over year. The earnings update dated August 13, 2026, gives investors a stronger profit base, but also highlights higher claims and market volatility as counterweights.

Profit growth comes with pressure

According to the Yahoo Finance transcript of August 13, 2026, insurance service results declined 35.9 percent year over year despite stable contractual service margin profits. A one-off first-half expense of KRW 83 billion and higher medical usage weighed on the operating picture.

The same earnings presentation said new business CSM reached KRW 1.7 trillion in the first half, 20 percent above the prior-year period. Samsung Life is targeting KRW 3.2 trillion for the full year, making new business quality and sales mix more important than headline volume alone.

Capital remains a key buffer

Samsung Life reported a KICS ratio of 208 percent at June 30, 2026, while its Tier 1 capital KICS ratio stood at 177 percent. Those figures provide the balance sheet context for the company's stated shareholder-return policy and planned expansion into additional businesses.

Variable-product volatility remains a measurable risk. The surrender value reserve reached KRW 3.1 trillion in the second quarter, compared with KRW 1.7 trillion at the end of the first quarter, while the transcript attributed a KRW 85 billion hedging-related loss to the first half.

Analysts see a wider range

According to Investing.com, the consensus rating is Buy, based on 18 analysts, including 13 Buy ratings and 5 Hold ratings. The average 12-month target is KRW 397,417, with a high of KRW 590,000 and a low of KRW 193,000.

Against the KRW 284,500 price on October 7, 2026, the average target is 39.7 percent higher. The comparison is wide rather than uniform, which reflects the importance of capital allocation, recurring earnings and the treatment of Samsung Electronics-related gains in future shareholder returns.

Samsung Life stock stays below its yearly high

Samsung Life stock was last at KRW 284,500 on the KRX on October 7, 2026. Its 52-week range runs from KRW 144,000 to KRW 516,500, and market capitalization stood at KRW 51.1 trillion on the same date.