Insurance finance income and expense

12 Months Ended

Dec. 31, 2025

30.	Insurance finance income and expense

Details of insurance finance income and expense for the years ended December 31, 2023, 2024 and 2025 are as follows:


			2023
			Life insurance								Non-life insurance								Total
			General			Variable			Retirement		Long-term			General			Automobile		Total
Insurance finance income	Insurance contracts	Effect of foreign exchange rate changes	W	13,656			—			—		—			—			—		13,656
		Other		38,384			91,062			—		—			—			—		129,446

				52,040			91,062			—		—			—			—		143,102
	Reinsurance contracts	Other		—			—			—		—			(38	)		—		(38	)

				52,040			91,062			—		—			(38	)		—		143,064
Insurance finance expenses	Insurance contracts	Effect of foreign exchange rate changes		19,345			—			—		—			—			—		19,345
		Other		935			638,881			—		—			—			—		639,816

				20,280			638,881			—		—			—			—		659,161

Total insurance finance income and expenses recognized in profit or loss				31,760			(547,819	)		—		—			(38	)		—		(516,097	)
Insurance finance income and expenses recognized in other comprehensive income (*)				(2,970,845	)		9,841			—		(15	)		—			—		(2,961,019	)
Reinsurance finance income and expenses recognized in other comprehensive income (*)				(28,276	)		—			—		(7	)		—			—		(28,283	)

Total insurance finance income and expenses recognized in profit or loss and other comprehensive income			W	(2,967,361	)		(537,978	)		—		(22	)		(38	)		—		(3,505,399	)


			2024
			Life insurance								Non-life insurance								Total
			General			Variable			Retirement		Long-term			General			Automobile		Total
Insurance finance income	Insurance contracts	Effect of foreign exchange rate changes	W	13,896			—			—		—			—			—		13,896
		Other		21,762			166,710			—		—			2			—		188,474

				35,658			166,710			—		—			2			—		202,370
	Reinsurance contracts	Other		40			—			—		—			(47	)		—		(7	)

				35,698			166,710			—		—			(45	)		—		202,363
Insurance finance expenses	Insurance contracts	Effect of foreign exchange rate changes		48,410			—			—		—			—			—		48,410
		Other		1,176			252,216			—		—			—			—		253,392

				49,586			252,216			—		—			—			—		301,802

Total insurance finance income and expenses recognized in profit or loss				(13,888	)		(85,506	)		—		—			(45	)		—		(99,439	)
Insurance finance income and expenses recognized in other comprehensive income (*)				(3,124,198	)		(47,215	)		—		(47	)		(26	)		—		(3,171,486	)
Reinsurance finance income and expenses recognized in other comprehensive income (*)				(2,098	)		—			—		7			18			—		(2,073	)

Total insurance finance income and expenses recognized in profit or loss and other comprehensive income			W	(3,140,184	)		(132,721	)		—		(40	)		(53	)		—		(3,272,998	)


			2025
			Life insurance								Non-life insurance							Total
			General			Variable			Retirement		Long-term		General			Automobile		Total
Insurance finance income	Insurance contracts	Effect of foreign exchange rate changes	W	20,253			—			—		—		—			—		20,253
		Other		5,483			18,122			—		—		—			—		23,605

				25,736			18,122			—		—		—			—		43,858
	Reinsurance contracts	Other		229			—			—		—		—			—		229

				25,965			18,122			—		—		—			—		44,087
Insurance finance expenses	Insurance contracts	Effect of foreign exchange rate changes		15,824			—			—		—		—			—		15,824
		Other		220			1,219,210			—		—		—			—		1,219,430

				16,044			1,219,210			—		—		—			—		1,235,254
	Reinsurance contracts	Other		17			—			—		—		11			—		28

				16,061			1,219,210			—		—		11			—		1,235,282

Total insurance finance income and expenses recognized in profit or loss				9,904			(1,201,088	)		—		—		(11	)		—		(1,191,195	)
Insurance finance income and expenses recognized in other comprehensive income (*)				1,791,470			(42,982	)		—		107		32			—		1,748,627
Reinsurance finance income and expenses recognized in other comprehensive income (*)				(211,718	)		—			—		8		(23	)		—		(211,733	)

Total insurance finance income and expenses recognized in profit or loss and other comprehensive income			W	1,589,656			(1,244,070	)		—		115		(2	)		—		345,699

(*)	Finance income and expense recognized as other comprehensive income are before deducting corporate tax effects.