Samsung Life reported consolidated earnings results for the year 2016. For the year, the company reported consolidated net profit jumped 76% to KRW 2,128.5 billion compared to KRW 1,211.2 billion a year ago, due to a KRW 1,192.4 billion after-tax gain on the bargain purchase of Samsung Card and Samsung Securities shares. Excluding this large non-cash gain, consolidated net profit decreased year-on-year to KRW 936.1 billion due to earnings pressure from the negative impact of lower interest rates.

The board of directors also declared an annual dividend of KRW 1,200 per share, totaling KRW 215.5 billion.