Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

Samsung Fire & Marine Insurance / Equity Bottom-Up

Samsung Fire & Marine Insurance (000810 KS)

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: Currently eleven pair trade opportunities persist across five markets and six sectors.</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: Currently eleven pair trade opportunities persist across five markets and six sectors.

Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (30 Mar 2026)

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/seoul-guarantee-insurance-co" target="_blank" data-smartkarma-citation="entities:40123:1" rel="noopener">Seoul Guarantee Insurance (031210 KS)</a> raised around US$125m in its Korean IPO. The lockup on KDIC is set to expire soon.</li>
<li>Seoul Guarantee Insurance (SGI) is a guarantee insurance firm operating predominantly in Korea.</li>
<li>In this note, we will talk about the lockup dynamics and possible placement.</li>
</ul>



Seoul Guarantee Insurance (031210 KS) raised around US$125m in its Korean IPO. The lockup on KDIC is set to expire soon.
Seoul Guarantee Insurance (SGI) is a guarantee insurance firm operating predominantly in Korea.
In this note, we will talk about the lockup dynamics and possible placement.


Aequitas: Seoul Guarantee IPO Lockup- KDIC Set to Sell over a Third of the Company for Around US$1bn

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of KRX stocks as of Mar 20th. The aggregated short interest was USD15.0bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Samsung F&amp;M Insurance, SamsungElecMech, DWEC, Samsung SDI, KOREA AEROSPACE.</li>
</ul>


We analyzed the changes in short interest of KRX stocks as of Mar 20th. The aggregated short interest was USD15.0bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Samsung F&amp;M Insurance, SamsungElecMech, DWEC, Samsung SDI, KOREA AEROSPACE.


KRX Short Interest Weekly (Mar 20th): Samsung F&M Insurance, SamsungElecMech, DWEC, Samsung SDI

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: Currently eleven pair trade opportunities persist across five markets and five sectors.</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: Currently eleven pair trade opportunities persist across five markets and five sectors.

Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Douglas Research Advisory

<ul>
<li>After the market close on 19 March, Samsung Life Insurance and Samsung Fire &amp; Marine Insurance announced that they plan to sell 1.5 trillion won worth of Samsung Electronics. </li>
<li>Under the current Financial Holding Company Act, it restricts financial affiliates from holding up to 10% of the shares of non-financial affiliates. </li>
<li>The sale of 1.3 trillion won and 0.2 trillion won in Samsung Electronics by Samsung Life Insurance and Samsung F&amp;M Insurance represents 2.8% and 1% of their market caps, respectively.  </li>
</ul>


After the market close on 19 March, Samsung Life Insurance and Samsung Fire &amp; Marine Insurance announced that they plan to sell 1.5 trillion won worth of Samsung Electronics. 
Under the current Financial Holding Company Act, it restricts financial affiliates from holding up to 10% of the shares of non-financial affiliates. 
The sale of 1.3 trillion won and 0.2 trillion won in Samsung Electronics by Samsung Life Insurance and Samsung F&amp;M Insurance represents 2.8% and 1% of their market caps, respectively.  


Samsung Life Insurance and Samsung F&M Plan to Sell 1.5 Trillion Won Worth of Samsung Electronics

South Korea

Samsung Fire & Marine Insurance Co., Ltd. provides insurance services. The Company offers auto, fire, marine, casualty, health, leisure, and retirement products and services. Samsung Fire & Marine Insurance serves customers in South Korea.

Samsung Fire & Marine Insuranc (000815 KS)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Samsung Fire & Marine Insuranc (000815 KS)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (30 Mar 2026)

Discover eleven pair trade opportunities across five markets and six sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Aequitas: Seoul Guarantee IPO Lockup- KDIC Set to Sell over a Third of the Company for Around US$1bn

As per news reports, KDIC is in the market selling 3m shares of Seoul Guarantee at a fixed price of KRW53,671 per share, which will form only a...

Sumeet Singh

KRX Short Interest Weekly (Mar 20th): Samsung F&M Insurance, SamsungElecMech, DWEC, Samsung SDI

We analyzed KRX short interest report for the past week and highlighted short interest changes in Samsung F&M Insurance, SamsungElecMech, DWEC,...

Ke Yan, CFA, FRM

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Samsung Life Insurance and Samsung F&M Plan to Sell 1.5 Trillion Won Worth of Samsung Electronics

After the market close on 19 March, Samsung Life Insurance and Samsung Fire & Marine Insurance announced that they plan to sell 1.5 trillion won...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (30 Mar 2026)

​Discover eleven pair trade opportunities across five markets and six sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Aequitas: Seoul Guarantee IPO Lockup- KDIC Set to Sell over a Third of the Company for Around US$1bn

As per news reports, KDIC is in the market selling 3m shares of Seoul Guarantee at a fixed price of KRW53,671 per share, which will form only a...

Sumeet Singh

KRX Short Interest Weekly (Mar 20th): Samsung F&M Insurance, SamsungElecMech, DWEC, Samsung SDI

We analyzed KRX short interest report for the past week and highlighted short interest changes in Samsung F&M Insurance, SamsungElecMech, DWEC,...

Ke Yan, CFA, FRM

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (23 Mar 2026)

​Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

Samsung Life Insurance and Samsung F&M Plan to Sell 1.5 Trillion Won Worth of Samsung Electronics

After the market close on 19 March, Samsung Life Insurance and Samsung Fire & Marine Insurance announced that they plan to sell 1.5 trillion won...

Douglas Kim

Discover eleven pair trade opportunities across five markets and six sectors using statistical mean-reversion methodology for actionable insights.

Discover eleven pair trade opportunities across five markets and five sectors using statistical mean-reversion methodology for actionable insights.