DB Insurance Reports Strong Q1 2026 Results and Enhanced Capital Soundness

Canceled 3,883,651 treasury shares (total shares outstanding decreased from 69,384,000 to 65,500,349, a reduction of 5.6%)
Issued new hybrid securities worth KRW 1,306,342 million (up 51.0% from KRW 865,006 million at year-end 2025) to strengthen capital
Paid cash dividend of KRW 7,600 per share for FY2025, totaling KRW 460.9 billion (payout ratio 30.1%)
Separate K-ICS ratio stood at 232.1% (up 3.9%p from 218.2% at year-end 2025), indicating very stable solvency
Separate net profit for Q1 2026 was KRW 268.5 billion (annual comparison not provided; FY2025 net profit was KRW 1.53 trillion)
Separate operating profit of KRW 462.7 billion (insurance profit KRW 226.6 billion, investment profit KRW 236.1 billion)
Contractual Service Margin (CSM) of KRW 13.1 trillion, with quarterly amortization revenue of KRW 321.7 billion (amortization rate 2.45%)
Consolidated 122 overseas special purpose entities (SPEs), expanding global investments
Pursuing the acquisition of Fortegra Group in the US (as of end-March 2026)
Partially accepted shareholder proposals (from Align Partners): approved amendments to articles of incorporation for cumulative voting, electronic shareholder meetings, and expanded separate election of audit committee members

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