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Korean Reinsurance Co (XKRX:003690) Tax Rate % : 22.97% (As of Mar. 2024)


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What is Korean Reinsurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Korean Reinsurance Co's Tax Expense for the three months ended in Mar. 2024 was ₩17,300 Mil. Korean Reinsurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩75,299 Mil. Therefore, Korean Reinsurance Co's Tax Rate % for the quarter that ended in Mar. 2024 was 22.97%.


Korean Reinsurance Co Tax Rate % Historical Data

The historical data trend for Korean Reinsurance Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Korean Reinsurance Co Tax Rate % Chart

Korean Reinsurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.60 25.34 23.54 20.82 21.46

Korean Reinsurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.29 22.45 27.55 399.69 22.97

Korean Reinsurance Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Korean Reinsurance Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=77567.51/361436.332
=21.46 %

Korean Reinsurance Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=17299.551/75299.12
=22.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Korean Reinsurance Co Tax Rate % Related Terms

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Korean Reinsurance Co (XKRX:003690) Business Description

Traded in Other Exchanges
N/A
Address
68 Jongno 5 Gil, Jongno-gu, Seoul, KOR, 03151
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.

Korean Reinsurance Co (XKRX:003690) Headlines

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