On Monday, South Korean insurer Samsung Fire & Marine Insurance Co. reported a second-quarter net income of 603.2 billion won (US$455.3 million), which was an increase of 40.3% from the same period in the prior year. Operating profits for the April-June period rose 27.9% to 746.8 billion won, while revenue grew 4.2% to 5.07 trillion won.
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