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← CockpitCompetitor Analysis › 000370.KS Hanwha General Insurance Co., LtdOpen in the cockpit ↗

Hanwha General Insurance Co., Ltd000370.KSCompetitor analysis, valuation and peers

South Korea · KRW·Financials›Property/Casualty Insurance
Momentum strong 77
Mkt cap
$519M
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$1.60M
20-day average traded
P/B
0.26×
price to book
ROE
11.4%
delivered
Implied ROE
3.8%
what the price asks
Next earnings
6 days
12 Nov 2026
Close · KRW₩6,040
1D-3.5%
1W-3.7%
1M-17.7%
3M+4.9%
6M-8.8%
YTD+8.6%
1Y+10.6%
ATR %5.4%
52w lowhigh44.1% off high

What Hanwha General Insurance does

Employees: 3,715

Hanwha General Insurance at a glance

Size Hanwha General Insurance (000370.KS) is a South Korea Financials company (Property/Casualty Insurance) with a market value of $519M, the 326th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩6,040 on 6 Nov 2026.

Performance Over six months the shares fell 8.8%, against +14.8% for the median peer and -24.5% for the South Korea market (cap-weighted) — 5th lowest of 19 in its peer set.

Growth Revenue grew 15.1% over the last twelve months (peer median +7.7%); the operating margin is 3.0% (peer median 15.0%).

Valuation It trades at 0.26× book value against a peer median of 1.53× (cheapest of 20).

Price implies The share price implies a return on equity of about 3.8%; Hanwha General Insurance delivers 11.4%, so the price asks less than the business earns today.

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 114000370.KS 88
Six months, rebased to 100: Hanwha General Insurance against the median of its 19 peers (local-currency closes).

Hanwha General Insurance financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩7.23T₩6.66T₩5.96T₩5.49T₩5.14T
Revenue growth—+12%+9%+7%—
Net income₩305B₩287B₩327B₩227B₩205B
Free cash flow₩724B₩803B₩1.35T₩1.51T-₩952M
Capital expenditure₩34.1B₩50.3B₩152B₩30.5B₩23.2B
Total debt₩1.39T₩1.39T₩905B₩590B₩1.27T

Quarterly statements and history in the cockpit →

Hanwha General Insurance competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%0%+20%GLREAII8715SBREACIC0004002832AMSFEIGGBLIHIPOHRTGASICUFCSSAFTKMPR000370.KS6-month return →1-month return →
Up and to the right = strong over both horizons. Hanwha General Insurance is the large dot.

Fundamentals: return on equity against price-to-book

-25%0%25%50%75%00×250×500×750×GLREAII8715ACIC000400OIGHRTGUVEKMPR000370.KSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Hanwha General Insurance is the large dot.

Capital: ROE delivered against the ROE the price implies

-20%0%20%40%-20%0%20%40%GLREAII8715SBREACIC0004002832AMSFEIGGBLIHIPOHRTGUVESAFTKMPR000370.KSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Hanwha General Insurance is the large dot.

Hanwha General Insurance competitors and peer comparison

How Hanwha General Insurance compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hanwha General Insurance against its 19 peers (data as of 6 Nov 2026)
Measure000370.KSPeer medianRank in peer set
1-month return-17.7%-0.6%2nd lowest of 20
6-month return-8.8%+14.8%5th lowest of 19
Return on equity11.4%14.9%8th lowest of 20
Price / book0.26×1.53×cheapest of 20
Trailing P/E2.9×10.4×cheapest of 18
ROE the price implies3.8%8.5%least demanding of 19
ROE delivered11.4%14.4%8th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Hanwha General Insurance 000370.KSSouth Korea$519M-9%+15%11%0.26×3.8%11.4%
Greenlight Capital Re GLREUnited States$518M-10%-1%8%0.76×5.5%7.5%
American Integrity Insurance AIIUnited States$528M+37%+35%26%1.43×7.8%26.2%
Anicom 8715.TJapan$493M-31%+11%14%2.60×17.7%14.0%
Sabre Insurance SBRE.LUnited Kingdom$565M+17%-10%15%1.72×9.5%15.0%
American Coastal Insurance ACICUnited States$475M-5%-5%26%1.33×7.5%25.5%
Lotte Non-Life Insurance 000400.KSSouth Korea$569M+18%+19%-2%0.82×5.1%-2.1%
Taiwan Fire & Marine Insurance 2832.TWTaiwan$411M+3%+26%13%1.12×3.9%12.6%
AMERISAFE AMSFUnited States$363M-35%+8%16%1.53×8.1%15.8%
Employers EIGUnited States$830M+13%-13%3%1.06×7.7%3.0%
Global Indemnity Group LLC GBLIUnited States$318M-21%+3%4%0.45×5.0%4.4%
Orion180 Insurance OIGUnited States$888Mn/a+38%77%73.37×n/an/a
Hippo HIPOUnited States$929M+28%+21%7%1.98×22.6%7.2%
Heritage Insurance HRTGUnited States$984M+48%+2%42%1.64×14.1%41.7%
Ategrity Specialty Insurance ASICUnited States$1.16B+23%+30%16%1.89×9.3%15.8%
United Fire UFCSUnited States$1.23B-1%+11%15%1.31×9.0%14.9%
Universal Insurance UVEUnited States$1.29B+19%+6%41%2.00×13.1%40.8%
Shinkong Insurance 2850.TWTaiwan$1.51B+21%+22%24%2.27×6.6%24.0%
Safety Insurance SAFTUnited States$1.53B+46%+7%8%1.75×8.9%7.8%
Kemper KMPRUnited States$1.97B+10%-4%-19%0.90×9.4%-19.3%

Questions

Which companies are Hanwha General Insurance's closest peers?
The cockpit's peer set: Greenlight Capital Re (GLRE), American Integrity Insurance (AII), Anicom (8715.T), Sabre Insurance (SBRE.L), American Coastal Insurance (ACIC), Lotte Non-Life Insurance (000400.KS), Taiwan Fire & Marine Insurance (2832.TW), AMERISAFE (AMSF).
Is Hanwha General Insurance expensive compared with its peers?
On price / book it trades at 0.26× against a peer median of 1.53×, cheapest of 20 in its peer set. The share price implies a return on equity of about 3.8%; Hanwha General Insurance delivers 11.4%, so the price asks less than the business earns today.
How has Hanwha General Insurance stock performed?
Over six months to 6 Nov 2026 the shares returned -8.8% against +14.8% for the median peer; over one year +10.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.