(MENAFN) South Korean insurance companies' net profit soared 30.2 percent in the first half of 2015 from the previous year as investment-related earnings raised.
Local life and non-life insurers' total net income registered USD3.8 billion in the first half, compared with USD2.9 billion in 2014, reports confirmed.
Life insurers made USD9.4 billion from investment in the January-June period, up 3.9 percent from 2014. Non-life insurers posted a 21.5 percent on-year surge in investment returns over the same period at USD2.7 billion.
The insurance companies' combined assets stood at USD764 billion by the end of June, up 11.5 percent from last year's USD685 billion, as reports showed.
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