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Korean non-life insurer offering auto, property and casualty insurance, part of DB Group.
Korean non-life insurer offering auto, property and casualty insurance, part of DB Group.
Korean non-life insurers earn premiums on car, health and general cover plus income from investing the premium pool. Long-term health and accident policies are now the largest line, while car insurance rates are tightly overseen by regulators.
In one line: Korea's Progressive/Allstate.
Moat: narrow (scale, distribution, brand). Large agent/broker distribution network and underwriting scale versus smaller rivals.
Headquarters: Seoul, South Korea · Founded: 1962 · Employees: 4,716
Size Db Insurance (005830.KS) is a South Korea Financials company (Multi-Line Insurance) with a market value of $6.90B, the 60th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩171,100 on 6 Nov 2026.
Performance Over six months the shares gained 2.1%, against +6.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 14.4% over the last twelve months (peer median +7.9%); the operating margin is 4.2% (peer median 15.0%).
Valuation It trades at 0.85× book value against a peer median of 1.29× (5th cheapest of 21).
Price implies The share price implies a return on equity of about 5.1%; Db Insurance delivers 17.0%, so the price asks less than the business earns today.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩17.2T | ₩19.0T | ₩18.4T | ₩16.5T | ₩14.8T |
| Revenue growth | — | +3% | +11% | +11% | — |
| Net income | ₩1.80T | ₩1.78T | ₩1.85T | ₩1.74T | ₩2.03T |
| Free cash flow | ₩5.28T | ₩4.99T | ₩3.33T | ₩4.25T | ₩1.86T |
| Capital expenditure | ₩168B | ₩110B | ₩75.6B | ₩67.1B | ₩64.5B |
| Total debt | ₩5.32T | ₩3.66T | ₩1.54T | ₩1.32T | ₩2.85T |
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.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Db Insurance 005830.KS | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% |
| SamsungF&MIns 000810.KS | $17.2B | +31% | +5% | 8% | 0.71× | 4.8% |
| Hyundai M&F INS 001450.KS | $2.29B | +38% | -5% | 21% | 0.51× | 4.2% |
| Hanwha General Insurance 000370.KS | $519M | -9% | +15% | 11% | 0.26× | 3.8% |
| Lotte Non-Life Insurance 000400.KS | $569M | +18% | +19% | -2% | 0.82× | 5.1% |
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.
| Measure | 005830.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.4% | +2.0% | 2nd lowest of 21 |
| 6-month return | +2.1% | +6.9% | 6th lowest of 21 |
| Return on equity | 17.0% | 14.6% | 7th highest of 21 |
| Price / book | 0.85× | 1.29× | 5th cheapest of 21 |
| Trailing P/E | 5.8× | 11.1× | 6th cheapest of 21 |
| ROE the price implies | 5.1% | 8.1% | least demanding of 21 |
| ROE delivered | 17.0% | 14.4% | 6th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Db Insurance 005830.KS | South Korea | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% | 17.0% |
| China Reinsurance (Group) 1508.HK | Hong Kong | $6.64B | -5% | +11% | 10% | 0.40× | 5.5% | 9.7% |
| Enact ACT | United States | $6.38B | +5% | +2% | 13% | 1.19× | 7.9% | 12.9% |
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| RLI RLI | United States | $6.27B | +39% | +6% | 22% | 3.70× | 15.4% | 22.1% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Sony Financial 8729.T | Japan | $6.06B | +1% | -10% | 14% | 1.08× | 5.1% | 14.4% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| FWD 1828.HK | Hong Kong | $5.54B | +7% | +24% | 4% | 0.92× | 7.3% | 4.1% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| Sunshine Insurance 6963.HK | Hong Kong | $5.35B | 0% | +8% | 14% | 0.66× | 5.4% | 13.7% |
| White Mountains Insurance WTM | United States | $5.35B | +5% | +21% | 22% | 0.99× | 6.3% | 21.9% |
| CNO Financial CNO | United States | $5.09B | +20% | +2% | 17% | 2.19× | 16.0% | 16.9% |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Alm. Brand A/S ALMB.CO | Denmark | $3.70B | +16% | +3% | 9% | 2.19× | 7.3% | 8.8% |