World Insurance Report
Korean Re
Korean Re’s pre-tax profits jumped spectacularly from Won4.6bn to Won42.3bn (US$32.8mn) for the year ending 31 March 2000 as the company
halved its underwriting losses while increasing its investment income by 269%. The 1999 result, an all-time record, was Won17.1bn
– more than the company’s combined pre-tax profits for the previous four years.