Samsung Fire & Marine Insurance is Korea's largest non-life insurance firm, with a home-office staff of over 3,000, and an additional 17,000 employees in its United States and European Community branches. The past year has seen a redoubling of the company's efforts to become an internationally competitive, well-integrated insurance company. Through its interests in newly emerging insurance business opportunities in Eastern Europe and South America, and through an extensive network of business "tie-ups" and alliances, Samsung can now provide a system of comprehensive services in major cities worldwide.

As befits its position as the industry leader, Samsung Fire & Marine Insurance continues to implement the latest innovations in the spirit of providing for its customer's greatest satisfaction. The company gives its clients choices from a full range of insurance products-from Fire & Marine insurance to specialty insurance's and automobile insurance. Service packages are provided to individual annuity holders and holders of automobile insurance plans, in the form of a special total insurance service package entitled "autoclaving" and , for those who desire it, the option of a comprehensive financial planning package is available.

Samsung Fire & Marine Insurance also takes very seriously its commitment to the larger community in which it and its employees reside. Samsung believes that its success derives from our clients' trust and satisfaction-the factors which provide the impetus for our operations. Furthermore, at each and every opportunity for interaction with policyholders, Samsung Fire & Marine Insurance pledges to provide only the highest quality of service and an unwavering commitment to anticipating clients' individual needs.

The year 2000 is quickly approaching. Yet, before the beginning of the next millennium, Samsung Fire & Marine Insurance pledges to have attained a total direct premium income of 7 trillion won, a work force of over 6,400 employees, a policy sales force of over 44,000 (international and domestic) and total assets of 11 trillion won. We plan to stand confidently among the ranks of the world's leading insurance companies, with the ability to provide the widest selection of products and the greatest client satisfaction. And, in the end, because globalization and the opening of borders has made our world even more like a global village, Samsung as an insure for the 21st century stands ready to assume its responsibilities to that greater community.

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Copyright 1996 Samsung Fire & Marine Insurance
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