Hanwha Life reports first-half net profit of 904.5 billion won as CSM and subsidiary earnings rise

Hanwha Life Insurance reported consolidated net profit of 904.5 billion won ($638.4 million) for the first half of 2026, up 96.0% from a year earlier, as stronger insurance and investment profits and contributions from subsidiaries boosted results. Standalone net profit rose 183.9% to 510.2 billion won, with insurance profit increasing 62% to 285.3 billion won and investment profit surging 776% to 354.8 billion won. Hanwha Life said first-half new-business contractual service margin, or CSM, reached a record 1.3 trillion won since IFRS 17 adoption, up 40.5% from a year earlier. The combined net profit of domestic and overseas subsidiaries, including Hanwha General Insurance, Hanwha Investment & Securities and overseas affiliates, came to 500.9 billion won. The company said it plans in the second half to strengthen its product lineup with a focus on long-term whole-life policies and health insurance covering dementia and caregiving.

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