Hanwha Life Insurance (KRX:088350) posted first-quarter net income attributable to shareholders of 324.4 billion won, up 44% from 226.06 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.
The South Korean insurance firm's sales jumped 55% year over year to 9.985 trillion won from 6.455 trillion won.
Shares of Hanwha Life Insurance rose more than 3% at market close.