KOREAN RE UNDERWRITING LIMITED
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Cash
—
Latest balance sheet
Net assets
£26m
+15.6% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£5.2m
+45% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Gross written premiums | £31,408,027 | £39,009,909 | £44,919,728 | +15.1% | |
| Net earned premiums | £20,194,690 | £24,699,684 | £28,050,253 | +13.6% | |
| Claims incurred | £11,415,538 | £15,125,459 | £15,340,892 | +1.4% | |
| Investment return | £1,732,062 | £1,802,973 | £2,929,951 | +62.5% | |
| Profit before tax | £4,113,265 | £3,555,879 | £5,154,585 | +45% | |
| Net profit | £3,058,359 | £2,672,486 | £4,031,254 | +50.8% | |
| Insurance contract liabilities | £57,221,578 | £32,695,929 | £42,185,701 | +29% | |
| Total assets | £88,744,742 | £110,200,600 | £135,472,653 | +22.9% | |
| Total liabilities | £88,744,742 | £87,580,924 | £109,313,996 | +24.8% | |
| Equity | £19,903,377 | £22,619,676 | £26,158,646 | +15.6% | |
| Average employees | 0 | 0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 77.6% | 79.5% | 80.7% |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider the Company to be a going concern and have prepared the Financial Statements on that basis. The Company is continuing to underwrite at Lloyd's for the 2026 year of account.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARGENTA SECRETARIAT LIMITED | Corporate Secretary | 2015-02-09 | — | — |
| KIM, Jeongbeom | Director | 2025-08-28 | Jan 1983 | South Korean |
| YOO, Joonha | Director | 2025-08-28 | Jul 1976 | South Korean |
| YOO, Ju-Yong | Director | 2024-08-12 | Oct 1985 | South Korean |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHOI, Sanghyuk | Director | 2018-09-25 | 2021-06-30 |
| HUH, Soo Jin | Director | 2016-08-08 | 2020-06-30 |
| KIM, Jong Bae | Director | 2020-11-05 | 2023-06-29 |
| KIM, Sung Jin | Director | 2021-09-16 | 2025-06-30 |
| LEE, Ji-Hyuk | Director | 2023-09-12 | 2024-06-28 |
| YOO, Joonha | Director | 2015-02-09 | 2018-08-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-26 | AA | accounts | Accounts with accounts type full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-09-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-22 | AA | accounts | Accounts with accounts type full | |
| 2022-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-26 | SH01 | capital | Capital allotment shares | |
| 2021-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.