Hanwha Son해보험 CEO Na Chae-beom participated in a relay campaign to eradicate illegal gambling among youth, spearheaded by the Seoul Metropolitan Police Agency, the insurer announced on Wednesday.
The campaign, titled “Protecting Youth from Illegal Gambling,” aims to raise awareness about the dangers of online gambling platforms targeting minors and to encourage reporting of illegal activities. Na’s participation underscores Hanwha Son해보험’s commitment to social responsibility and protecting vulnerable populations, according to a company statement.
Na Chae-beom assumed the role of Hanwha Son해보험’s representative director in March 2023, following a career within the Hanwha Group that included positions as head of the CPC Strategy Team in 2017 and as a full-time executive leading the Group Financial OPC Team in 2019. Prior to joining Hanwha Son해보험, he served as the head of the Management Innovation Division at Hanwha Life Insurance.
The insurer reported a record net profit of 382.3 billion won ($280 million USD) in 2024, a 31.5% increase year-over-year, driven largely by the success of its women-focused insurance products. This performance led to Na being recommended as a candidate for CEO, and he has since focused on expanding the company’s offerings in the women’s insurance market, including the establishment of a ‘Femtech Research Institute.’
Despite the record profits, Hanwha Son해보험 faced scrutiny regarding its dividend policy, failing to issue a dividend last year. The company is now under pressure to accelerate shareholder returns, alongside maintaining capital adequacy and navigating potential impacts from adjustments to insurance liability discount rates.
At a shareholder meeting on February 19, Na Chae-beom was re-elected as an internal director for a two-year term, alongside Seo Ji-hoon, head of the Corporate Insurance Division, and Park Sung-gyu, head of the Management Support Division. The re-election of Na and Seo, and the appointment of Park, were confirmed at the shareholder meeting. The company’s board now consists of three internal directors and four external directors.