Hanwha General Insurance Co., Ltd. (KRX:000370)

Hanwha General Insurance Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	-	-	-	5,992,987	5,195,348
Investments in Equity & Preferred Securities	36,691	35,326	37,806	15,715	331,346	248,472
Policy Loans	-	-	-	-	1,297,433	1,170,695
Other Investments	363,274	297,199	379,635	213,144	5,702,484	6,045,352
Total Investments	18,620,462	17,999,363	16,305,945	14,187,608	15,214,009	14,451,565
Cash & Equivalents	-	-	-	-	-0	-0
Reinsurance Recoverable	514,864	413,856	463,420	668,607	933,104	878,551
Other Receivables	862,283	772,855	659,162	1,688,436	2,508,186	2,681,373
Deferred Policy Acquisition Cost	-	-	-	-	797,358	867,007
Separate Account Assets	-	-	-	-	4,228	5,707
Property, Plant & Equipment	357,182	357,249	390,591	396,972	476,003	364,644
Other Intangible Assets	32,469	27,079	23,653	24,114	28,226	30,705
Other Current Assets	224,746	219,793	207,592	134,579	242,464	147,537
Long-Term Deferred Charges	43,607	27,302	36,041	37,460	38,565	44,188
Other Long-Term Assets	9,560	16,664	28,860	35,735	42,844	47,056
Total Assets	20,665,172	19,834,161	18,115,264	17,173,512	20,284,988	19,518,333
Accrued Expenses	75,335	59,635	44,233	70,785	124,606	111,415
Insurance & Annuity Liabilities	-	-0	0	-0	15,402,193	14,521,287
Unpaid Claims	-	-	-	-	714,393	671,465
Unearned Premiums	-	-	-	-	774,845	754,522
Reinsurance Payable	-	-	-	-	304,944	273,475
Current Income Taxes Payable	32,584	-	-	111,963	-	-
Long-Term Debt	1,098,650	600,416	251,767	729,913	479,492	479,372
Long-Term Deferred Tax Liabilities	335,588	365,792	485,896	365,820	76,075	163,064
Separate Account Liability	71,269	72,271	66,745	65,884	4,616	5,970
Other Current Liabilities	226,933	277,121	175,033	306,743	79,326	33,696
Other Long-Term Liabilities	16,131,475	15,502,865	13,740,670	12,285,640	860,136	790,269
Total Liabilities	17,973,772	16,881,077	14,769,484	13,942,309	18,825,405	17,811,682
Total Preferred Equity	190,000	190,000	190,000	190,000	-	-
Common Stock	583,695	583,695	583,695	583,695	583,695	583,695
Additional Paid-In Capital	68,440	66,873	66,873	89,678	69,883	73,299
Retained Earnings	2,643,774	2,445,085	2,155,375	1,863,659	526,848	417,184
Treasury Stock	-7,454	-5,455	-513.4	-513.4	-513.4	-
Comprehensive Income & Other	-790,423	-413,670	236,835	410,938	237,896	605,695
Total Common Equity	2,498,032	2,676,527	3,042,263	2,947,456	1,417,809	1,679,873
Minority Interest	3,368	86,556	113,516	93,746	41,774	26,778
Shareholders' Equity	2,691,400	2,953,083	3,345,779	3,231,202	1,459,583	1,706,651
Total Liabilities & Equity	20,665,172	19,834,161	18,115,264	17,173,512	20,284,988	19,518,333
Filing Date Shares Outstanding	115.62	115.62	116.62	116.62	116.62	116.74
Total Common Shares Outstanding	115.62	115.62	116.62	116.62	116.62	116.74
Total Debt	1,098,650	600,416	251,767	729,913	479,492	479,372
Net Cash (Debt)	-1,098,650	-600,416	-251,767	-729,913	-479,492	-479,372
Net Cash Per Share	-7150.21	-3892.28	-1627.05	-5768.91	-4107.39	-4106.36
Book Value Per Share	21605.45	23149.26	26086.88	25273.93	12157.47	14390.00
Tangible Book Value	2,465,563	2,649,448	3,018,611	2,923,342	1,389,582	1,649,168
Tangible Book Value Per Share	21324.63	22915.05	25884.07	25067.15	11915.43	14126.97
Land	120,379	121,359	121,774	121,639	268,852	160,012
Buildings	141,766	141,705	143,528	143,277	217,023	220,295
Machinery	219,844	209,738	193,846	180,831	157,731	135,370
Construction In Progress	9,229	9,929	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.