Mirae Asset Life Insurance미래에셋생명

Mirae Asset Life Insurance is dealing with a customer data hacking leak while its shares have swung sharply over the past year.

The insurer's trailing profit for the twelve months to H1 2026 is about ₩127B net income on ₩182B operating income, with an ROE of 5.1%. The share price is ₩17,080, down 11.6% over one month but up 103.6% over one year, and it sits well below its 52-week high of ₩37,300. Its headline news this week is a hacking incident that exposed customer information, which regulators have responded to with an emergency on-site inspection.

What stands out

• Trailing net income of about ₩127B and operating income of about ₩182B, versus full-year 2025 net income of about ₩131B and operating income of about ₩195B.
• Valuation shows a trailing P/E of 18.2 and P/B of 1.0, while the company pays no dividend (0% yield) according to the data.
• The internal fair value model gives a base value of ₩6,392 per share, a bear case of ₩1,464 and a bull case of ₩12,818, all well below the current price; the data does not explain the model's inputs beyond its stated method.
• Foreign ownership fell from 1.2% to 0.6% over 60 days, and 20-day flows show net selling across foreign, institutional and retail investors.
• Liabilities to equity is 1,318%, typical of a life insurer's balance sheet, and the filings list several related-party transactions and shareholder reports.

What to watch

• The scope and cost of the customer data leak, and the outcome of the Financial Supervisory Service's emergency inspection, which the data does not yet quantify.
• Full-year 2026 results and any updates to the half-year report, which was amended in August; the data does not include a results date.
• Further shareholder and insider filings, given recent largest-shareholder holding changes.