Q3 2025 Samsung Life Insurance Co Ltd Earnings Call Transcript
(interpreted)
Good morning, and good evening. Thank you all for joining the conference call for the Samsung Life earnings results. This conference will start with a presentation followed by a Q&A session. (Operator Instructions)
Now we will begin the presentation on Samsung Life's third quarter of fiscal year 2025 earnings results.
(interpreted)
Yeah. Good afternoon. This is Kim, Minyoung, Head of the IR team. I would like to extend my sincere thanks to everyone for joining us today at our earnings call despite your busy schedule. Before proceeding to Q&A, I will briefly take you through our third quarter business highlights.
As of the third quarter YTD, we recorded new business CSM of KRW2.3 trillion. Amid intensifying competition between life and non-life insurers, health CSM was the main driver of new business CSM growth recording KRW1,751.7 billion, up 23.9% Y-o-Y.
Overall, new business CSM margins remained solid at 11.5 times against first
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