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Financial Information

  • 2022 S&P : A(stable)

    Standard & Poor’s Ratings Services confirmed its long-term issuer credit rating of “A” and its long-term financial strength rating of
    “A” with a Stable outlookon DB INSURANCE.

    BBB+ 2008-2010 Stable
BBB+ 2011-2012 Positive
A- 2013 Stable
A- 2017 Stable 
A 2018 Stable
A 2023 Stable
A+ 2024 Stable

    The ratings reflect S&P’s view of DB’s very strong business risk profile(BRP) and lower adequate financial risk Profile(FRP), reflecting its very strong competitive position and lower adequate capital and earnings. S&P derives its ‘a’ anchor for the company from combination of the BRP and FRP assessments.

    The stable outlook on DB is based on S&P’s view that the company will maintain its strong market position in Korea’s property & casualty(P&C) insurance market over the next 18-24 months. S&P Believes that DB will sustain its capital and earnings at the current level on the back of its moderate growth appetite and control on underwriting risks. S&P also expects DB to focus on high-quality fixed income securities for its investment portfolio in the coming few years.

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