Samsung Life Insurance Co., Ltd. provides life insurance to corporate and individual customers in South Korea and internationally, operating through Domestic Insurance; Credit Card Service, Installment Financing and Leasing; and Overseas segments. It also offers loans to companies and households, mortgage loans, and retirement pension, fund, and asset management services. The company was formerly known as Dongbang Life Insurance and changed its name to Samsung Life Insurance Co., Ltd. in July 1989. Founded in 1957, it is headquartered in Seoul, South Korea.
Samsung and affiliates commit $1B to KKR- and Nvidia-backed Helix
Samsung Electronics and its affiliates will jointly invest $1B in Helix Digital Infrastructure, the AI infrastructure company launched by KKR with backing from Nvidia. Samsung Electronics said Tuesday it will put in $500M, with Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marine Insurance contributing the remainder. The deal lets Samsung draw on capabilities across its affiliates, from semiconductors and cooling systems to data center construction and batteries, as the group looks to expand its role in the global AI infrastructure buildout. Helix, launched in June, is led by Adam Selipsky, the former CEO of Amazon Web Services, and counts KKR, the Kuwait Investment Authority, Nvidia, and U.S. power company Vistra as founding investors. KKR said the new investment comes on top of the more than $10B of funds already committed to the company. Samsung Electronics shares rose 2.13% Tuesday morning, while the benchmark Kospi index fell 0.53%.
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005930.KO · Capital · Positive Samsung Electronics commits $500M to Helix as part of a $1B group investment to expand its AI infrastructure role.
006400.KO · Capital · Positive Samsung SDI contributes part of the $1B investment in Helix, expanding its role in AI infrastructure via batteries.
018260.KO · Capital · Positive Samsung SDS contributes part of the $1B investment in Helix, drawing on data center capabilities.
028260.KO · Capital · Positive Samsung C&T contributes part of the $1B investment in Helix, leveraging data center construction capabilities.
032830.KO · Capital · Positive Samsung Life Insurance contributes part of the $1B investment in Helix.
KKR · Capital · Positive KKR's Helix Digital Infrastructure receives a new $1B investment from Samsung and affiliates, on top of $10B already committed.
Flashlight Capital Urges Samsung Affiliates to Auction 20.6% S-1 Stake
Flashlight Capital Partners is calling on five Samsung Group affiliates to sell their combined 20.6% stake in S-1 Corporation through an open auction after they rejected its KRW906.6 billion offer. The Singapore-based activist investor said the five affiliates — Samsung SDI, Samsung Life Insurance, Samsung Fire & Marine Insurance, Samsung Card and Samsung Securities — declined its August 27 offer to buy their entire holding of 7,815,656 shares at KRW116,000 per share, citing insufficient certainty of completion rather than price. That offer represented a premium of approximately 45% to S-1's closing price on August 26 and exceeded the stock's all-time high. Flashlight Capital founder and managing partner Sanghyun Lee said the affiliates' answer was not a refusal but a rejection of the structure, and argued that an open auction would let every credible buyer, strategic or financial, submit a firm offer. The firm noted that all five affiliates are listed companies whose directors owe duties to their own shareholders, and said holding a non-core minority stake indefinitely after turning down a substantial premium is difficult to reconcile with those duties.
012750.KO · Capital · Positive Activist investor is pushing for an open auction of the 20.6% S-1 stake after a rejected offer at a ~45% premium to the prior close.
032830.KO · Capital · Neutral Flashlight Capital urges Samsung Life and four other affiliates to auction their 20.6% S-1 stake after rejecting its KRW906.6bn offer, a governance/valuation event for the affiliate.
000810.KO · · Neutral Named as one of five Samsung affiliates that rejected Flashlight's offer to buy its S-1 stake; no clear positive or negative driver for the insurer itself.
006400.KO · · Neutral Named as one of five Samsung affiliates that rejected Flashlight's offer to buy its S-1 stake; no clear positive or negative driver for Samsung SDI itself.
016360.KO · · Neutral Named as one of five Samsung affiliates that rejected Flashlight's offer to buy its S-1 stake; no clear positive or negative driver for the broker itself.
029780.KO · · Neutral Named as one of five Samsung affiliates that rejected Flashlight's offer to buy its S-1 stake; no clear positive or negative driver for Samsung Card itself.
Flashlight Capital Urges Samsung Chairman Not to Interfere in S-1 Bid
Flashlight Capital Partners has requested to inspect the shareholder registers of five Samsung Group affiliates that collectively hold a 20.6% stake in S-1 Corporation, as part of its campaign to acquire that stake for KRW 906.6 billion, or KRW 116,000 per share. The offer, made on August 27, targets Samsung SDI, Samsung Life, Samsung Card, Samsung Securities, and Samsung Fire & Marine, and the five boards have until September 23 to respond. Flashlight Capital's managing partner, Sanghyun Lee, has also sent a letter to Samsung Electronics Executive Chairman Jay Y. Lee, urging him not to interfere with the boards' independent consideration of the offer. Lee argues that the decision should be made by the boards and their shareholders, and that access to the registers will allow direct communication with those shareholders. Flashlight Capital, founded by Lee, previously led the acquisition of S-1 rival ADT Caps in 2014 and launched an activist campaign at KT&G in 2022.
012750.KO · Capital · Neutral Subject of Flashlight Capital's KRW 906.6bn bid for a 20.6% stake at KRW 116,000/share; outcome hinges on the five Samsung boards.
029780.KO · Capital · Neutral Flashlight Capital seeks to inspect Samsung Card's shareholder register and buy its S-1 stake for KRW 116,000/share; board has until Sept 23 to decide, outcome unclear.
032830.KO · Capital · Neutral Flashlight Capital targets Samsung Life's stake in S-1 with a KRW 906.6bn offer and register-inspection request; board decision pending, impact uncertain.
000810.KO · Capital · Neutral One of five Samsung affiliates holding S-1 stake that Flashlight wants to buy for KRW 116,000/share; board must decide by Sept 23.
006400.KO · Capital · Neutral One of five Samsung affiliates targeted by Flashlight's KRW 906.6bn offer for its 20.6% S-1 stake.
016360.KO · Capital · Neutral One of five Samsung affiliates whose S-1 stake Flashlight seeks to acquire; board decision pending.
Flashlight Capital Offers to Buy Samsung's 20.6% S-1 Stake
Flashlight Capital Partners has offered to acquire the entire 20.6% stake in S-1 Corporation held by five Samsung Group affiliates for KRW 906.6 billion, or KRW 116,000 per share, a 45% premium to the current market price. The offer, made to Samsung SDI, Samsung Life, Samsung Fire & Marine, Samsung Securities, and Samsung Card, gives the boards until September 23 to respond. Flashlight Capital argues that none of the affiliates has a strategic reason to retain the stake, noting that the proceeds would be equivalent to about 10% of Samsung Life's and 13% of Samsung Card's net income. The activist investor, led by former Carlyle Group Korea head Sanghyun Lee, criticized S-1's board for a hollow response to its June 23 proposals and said it will keep all options open.
012750.KO · Capital · Negative Flashlight Capital's offer to buy a 20.6% stake at a 45% premium and criticism of S-1's board could pressure management and potentially lead to changes.
Flashlight Capital Partners · Capital · Positive Flashlight Capital is the activist investor making the offer to acquire the stake, which is its own initiative.
032830.KO · Capital · Neutral Samsung Life is one of the affiliates that may sell its stake; the offer price is a premium, but the decision is pending and the impact on Samsung Life is unclear.
000810.KO · Capital · Neutral Samsung Fire & Marine is one of the affiliates selling its stake; the offer provides a premium but the decision is pending.
006400.KO · Capital · Neutral Samsung SDI is one of the affiliates selling its stake; the offer provides a premium but the decision is pending.
016360.KO · Capital · Neutral Samsung Securities is one of the affiliates selling its stake; the offer provides a premium but the decision is pending.
Samsung Life Insurance reported a decline in second-quarter 2026 earnings compared with the previous year. Net income attributable to shareholders of the parent company fell 9.1 percent to KRW 689.92 billion from KRW 758.89 billion a year earlier. Operating income dropped 32 percent to KRW 622.62 billion from KRW 915.41 billion, while sales rose to KRW 18.76 trillion from KRW 10.91 trillion. Shares of Samsung Life Insurance were trading 2.65 percent lower at KRW 294,500 on the Korean Stock Exchange.