26th Apr 2013 09:37
Renewal of Insurance Policy
On April 26, 2013, the BOD of Samsung Electronics approved renewal of the existing 'Director and Officers Liability Insurance Policy', effective May 1. Samsung Fire & Marine Insurance is named insurance coverage provider (insurer). The previous liability policy coverage was scheduled to expire on April 30, 2013
- Terms of policy premium: KRW 6.5 billion- Policy period: May 1, 2013 ~April 30, 2014)
※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates a
purchaser of insurance policy to disclose the transaction in case the transaction is
worth more than KRW 5billion and the insurance company involved is the
purchaser's financial affiliate.
Related Shares:
Samsung El.gdr