🟢 Samsung Life Insurance is trading 10.61% up today as elevated 30-year U.S. yields lift capital expectations

Samsung Life Insurance is trading 10.61% up now at KRW 328,500 after elevated U.S. 30-year Treasury yields improved expectations for insurers’ capital positions.

• Samsung Securities estimated that a 100-basis-point rate increase could benefit Samsung Life’s capital by approximately 6%.
• The stock closed at KRW 297,000 on August 20 during a volatile week before its latest surge.