재무실적요약 (Summary) May 31, 2017 요약 B/S (Financial Position Summary) 요약 P/L (Income Statement Summary) 이원별손익 (Source of Earnings) 자기자본수익률 (ROE) RBC비율 / 주

재무실적요약 (Summary) May 31, 2017 요약 B/S (Financial Position Summary) 요약 P/L (Income Statement Summary) 이원별손익 (Source of Earnings) 자기자본수익률 (ROE) RBC비율 / 주주배당금 (RBC Ratio/ Shareholders' Dividend) ING 생명 Fact Sheet (Q1 2017) ING LIFE KOREA Fact Sheet (Q1 2017) 수입보험료실적 (Premium Income) 상품별수입보험료 (Total Premium by Product) 상품별초년도보험료 (First Year Premium by Product) 상품별 APE (APE by Product) 채널별초회보험료 (Initial Premium by Channel) 채널별초년도보험료 (First Year Premium by Channel) 채널별 APE (APE by Channel) 신약가치 (Value of New Business) 경영효율지표 (Efficiency) 수익성지표 (Profitability) 자산운용현황자산 Portfolio 현황 (Investment Assets Portfolio) 자산별투자손익 (Investment Return by Asset Class) 자산건전성현황 (Asset Quality of Loans) 재무안정성 (Financial Stability) 재무제표 (Financial Statements) 재무상태표 (Financial Position) - SAP 손익산서 (Income Statement) - SAP 재무상태표 (Financial Position) - KIFRS 손익산서 (Income Statement) - KIFRS 주소 Address: 서울시중구세종대로 7 길 37 아이엔지센터 17 층 IR 팀 IR Team, 17th Floor, ING Center, 37, Sejong-daero 7-gil, Jung-gu, Seoul 04511 Korea Investor Relations : - e-mail : IR_Contact@mail.inglife.co.kr - 전화번호 : +82-2-2200-8944 Disclaimer 본자료는 FY2017 1 분기재무제표에대한외부감사인의임의분기검토를거친후투자자들에게제공되는것입니다. 주 ) 일부항목간의합는반올림으로인하여단수차이가발생할수있습니다. The material is provided to investors following a review on the interim financial statements of 1Q FY2017 by external auditors. Note) Rounding of sums of certain items may result in slight discrepancies

재무상태표요약 - SAP 기준 (Financial Position Summary - SAP*) 운용자산 Investment Assets 24,119 23,984 24,953 24,415 23,492 24,119 23,492 2.7% 현금및예치금 Cash and Deposits 619 565 641 588 602 619 602 2.7% 당기손익인식증권 Financial assets at fair value through profit or loss 10 - - 21 30 10 30 (67.2%) 매도가능증권 Available for Sale Securities 21,238 21,329 22,086 21,681 20,747 21,238 20,747 2.4% 대출채권 Loans 2,252 2,089 2,226 2,124 2,112 2,252 2,112 6.6% 비운용자산 Other Assets 1,336 1,332 1,370 1,371 1,301 1,336 1,301 2.7% 정자산 Separate Account Assets 5,445 5,353 5,476 5,468 5,568 5,445 5,568 (2.2%) 자산총 Total Assets 30,900 30,669 31,798 31,254 30,360 30,900 30,360 1.8% 책임준비금 Policy Reserves 20,240 19,878 19,502 19,171 18,804 20,240 18,804 7.6% 약자지분조정 Policyholders' Equity Adjustment 183 213 334 332 277 183 277 (33.8%) 기타부채 Other Liabilities 1,103 1,019 1,374 1,300 1,155 1,103 1,155 (4.4%) 정부채 Separate Account Liabilities 5,501 5,411 5,542 5,509 5,619 5,501 5,619 (2.1%) 부채총 Total Liabilities 27,028 26,521 26,752 26,311 25,854 27,028 25,854 4.5% 자본금 Capital Stock 82 82 82 82 82 82 82 0.0% 자본잉여금 Capital Surplus 498 498 498 498 498 498 498 0.1% 이익잉여금 Retained Earnings 1,682 1,766 1,706 1,632 1,594 1,682 1,594 5.5% 기타포괄손익누액 Accumulated Other Comprehensive Income 1,609 1,801 2,761 2,731 2,332 1,609 2,332 (31.0%) 자본총 Total Shareholders' Equity 3,872 4,147 5,047 4,943 4,506 3,872 4,506 (14.1%) * SAP = Statutory Accounting Principle 2/20

손익산서요약 - SAP 기준 (Income Statement Summary - SAP) 보험손익 Insurance Operating Result 228 211 220 165 199 228 199 14.2% 보험영업수익 Insurance Operating Revenues 843 830 849 801 770 843 770 9.4% 보험영업비용 Insurance Operating Expenses & Claims 615 619 629 636 571 615 571 7.7% 투자손익 Investment Operating Result 213 220 207 212 213 213 213 0.0% 투자영업수익 Investment Operating Revenues 233 227 228 222 224 233 224 4.1% 투자영업비용 Investment Operating Expenses 21 7 20 10 11 21 11 79.9% 책임준비금전입액 Increase in Policy Reserves 361 376 332 366 344 361 344 4.9% 영업이익 Operating Income 79 55 94 11 68 79 68 17.1% 영업외손익 Non-Operating Income (Expenses) 30 22 3 40 22 30 22 33.4% 세전이익 Profit Before Tax 109 77 98 51 90 109 90 21.1% 법인세비용 Income Tax Expenses 26 17 24 12 21 26 21 21.4% 분기순이익 Net Income 83 60 74 38 69 83 69 21.0% 3/20

이원별손익 (Source of Earnings) 사업비관련손익 Expense Margin 56 48 48 55 43 56 43 30.8% 신약비관련손익 Acquisition Expense Margin 14 4 5 13 8 14 8 68.4% 신약예정사업비 Acquisition Expense Loading 89 89 88 87 87 89 87 2.4% 신약실제사업비 & 이연손익 Acquisition Expense & Commissions net of DAC 75 84 83 73 79 75 79 (4.6%) 유지비관련손익 Maintenance Expense Margin 42 43 43 42 34 42 34 21.6% 유지비예정사업비 Maintenance Expense Loading 98 97 97 95 94 98 94 4.5% 유지비실제사업비 Maintenance Expense 56 54 54 53 59 56 59 (5.4%) 위험률차손익 Mortality & Morbidity Margin 27 46 36 38 27 27 27 1.6% 사망관련손익 Mortality Margin 35 38 35 39 34 35 34 5.1% 사망관련위험보험료 Mortality Risk premiums 56 55 55 54 54 56 54 3.1% 사망관련위험보험금 Net Mortality Claims 20 18 19 16 20 20 20 (0.1%) 장해관련손익 Morbidity Margin 2 8 7 7 (1) 2 (1) 301.6% 장해관련위험보험료 Morbidity Risk Premiums 93 92 91 90 89 93 89 4.3% 장해관련위험보험금 Net Morbidity Claims 91 84 83 83 90 91 90 0.4% 미보고발생손해액준비금 IBNR Decrease / (Increase) (7) 4 (3) (3) (3) (7) (3) (121.5%) 재보험관련손익 Reinsurance Margin (3) (4) (4) (5) (2) (3) (2) (41.5%) 투자관련손익 Investment Margin 26 35 21 27 30 26 30 (12.9%) 투자수익 Investment Return 219 227 213 218 219 219 219 (0.2%) 투자비용 Investment Credited 193 191 193 191 190 193 190 1.8% 기타손익 Other Margins(Reserves, Lapses, Surrenders, Others) (1) (49) (8) (7) (8) (1) (8) 86.7% 준비금관련손익 Reserve Related Margin (3) (48) (8) (7) (9) (3) (9) 71.6% 보증준비금 GMxB Increase (3) 41 0 (1) 2 (3) 2 (234.5%) 기타준비금 Reserve Related Increase 6 7 8 8 6 6 6 (8.9%) 실효해약관련손익 Lapse and Surrender Margin 6 4 4 4 4 6 4 47.7% 실효해약공제액 Lapse and Surrender Income 23 21 22 21 21 23 21 10.1% 실효해약신약비일시상각 Amortized DAC for Lapse and Surrender 17 17 18 17 17 17 17 1.4% 기타손익 Other Margin (4) (4) (3) (4) (3) (4) (3) (36.4%) 기타수익 Other Income 0 0 0 (0) 0 0 0 (76.6%) 기타비용 Other Expense 4/20 4 5 4 4 4 4 4 21.6%

약자배당전손익 ( 자살보험금제외 ) Total Margins (Excluding Past Suicide Claims) 108 80 97 112 91 108 91 18.5% 약자지분 Policyholders' Profit Share (1) 0 (2) 1 1 (1) 1 (202.3%) 세전손익 Pre-Tax Profit (Excluding Past Suicide Claims) 109 80 99 111 90 109 90 21.1% 과거자살보험금 Past Suicide Claims 0 (3) (2) (61) 0 0 0 - 세전손익 ( 보고기준 ) Pre-Tax Profit (Reported) 109 77 98 51 90 109 90 21.1% 5/20

자기자본 ROE 수익률 (ROE) ( ( Unit: 단위 KRW : 십억원 bln,, % ) ROE 1) ROE 1) 8.3% 5.7% 5.2% 4.6% 6.3% 8.3% 6.3% 2.0%p 당기순이익 Net Income 83 241 181 107 69 83 69 21.0% 자기자본평잔 2) Average Shareholders' Equity 2) 4,010 4,204 4,654 4,602 4,383 4,010 4,383 (8.5%) 1) ROE = 당기순이익 / 자기자본평잔 * (4/ 경과분기수 ) ROE = Net Income / Average Shareholders' Equity * (4/Number of Quarters Elapsed) 2) 자기자본평잔 = ( 전회년도말자기자본 + 당분기말자기자본 ) / 2 Average Shareholders' Equity = (Shareholders' Equity as of Previous year-end + Shareholders' Equity as of Current quarter-end) / 2 6/20

RBC 비율 (RBC Ratio) / 주주배당금 (Shareholders' Dividend) RBC 비율 (RBC Ratio) / 주주배당금 (Shareholders' Dividend) ( Unit: ( 단위 KRW : 십억원 bln,,% )) RBC 비율 (A/B) Risk Based Capital Ratio (A/B) 288% 319% 346% 325% 317% 288% 317% (29%p) 지급여력금액 (A) Available Capital (A) 4,036 4,347 5,375 5,266 4,769 4,036 4,769 (15.4%) RBC 지급여력기준금액 (B) RBC Required Capital (B) 1,403 1,362 1,553 1,618 1,504 1,403 1,504 (6.7%) 주주배당금 Shareholders' Dividend 167 0 0 0 183 167 183 (8.5%) 7/20

상품별상품별수입보험료 (Total (Total Premium Income by by Product) ( 단위 : 십억원, ) FY2017 Q1 FY2016 Q4 Q3 Q2 Q1 FY2017 Q1 FY2016 Q1 개인보험 Individual Life 816 227 1,043 803 227 1,030 821 243 1,063 774 223 997 745 222 967 816 227 1,043 745 222 967 9.6% 1.9% 7.8% 보장성보험 Protection 446 47 494 444 44 488 437 41 478 430 38 468 429 35 463 446 47 494 429 35 463 4.2% 34.9% 6.5% 종신보험 Whole Life 377-377 378-378 373-373 369-369 369-369 377-377 369-369 2.2% 2.2% 변액종신보험 Variable Whole Life 41 47 88 39 44 82 38 41 78 37 38 74 35 35 70 41 47 88 35 35 70 15.7% 34.9% 25.3% 정기보험 Term Life 17-17 17-17 17-17 17-17 17-17 17-17 17-17 (0.4%) (0.4%) 건강보험 Health Benefit 12-12 11-11 9-9 8-8 7-7 12-12 7-7 57.5% 57.5% 기타보장 Other Protection 0-0 0-0 0-0 0-0 0-0 0-0 0-0 (10.3%) (10.3%) 연금보험 Annuities 175 77 253 163 75 237 157 81 238 168 83 251 177 88 265 175 77 253 177 88 265 (0.7%) (12.2%) (4.5%) 금리확정형 Fixed-rate Annuities 0-0 0-0 0-0 0-0 0-0 0-0 0-0 202.8% 202.8% 금리연동형 Floating-rate Annuities 165-165 153-153 147-147 157-157 166-166 165-165 166-166 (0.3%) (0.3%) 변액연금 (a) Variable Annuities (a) 9 77 87 9 75 84 10 81 91 10 83 94 11 88 99 9 77 87 11 88 99 (10.6%) (12.2%) (12.0%) 저축보험 ( 변액포함 ) Savings (Including Variable) 194 102 297 196 109 305 226 121 347 176 102 278 139 100 239 194 102 297 139 100 239 39.4% 2.8% 24.2% 금리확정형 Fixed-rate Savings 0-0 0-0 0-0 0-0 0-0 0-0 0-0 (10.5%) (10.5%) 금리연동형 Floating-rate Savings 181-181 182-182 212-212 163-163 126-126 181-181 126-126 43.7% 43.7% 변액저축 (b) Variable Savings (b) 13 102 116 14 109 123 14 121 136 14 102 115 14 100 113 13 102 116 14 100 113 (0.7%) 2.8% 2.4% 단체보험 Group Life - - - - - - - - - - - - - - - - - - - - - 개인 + 단체 Total 816 227 1,043 803 227 1,030 821 243 1,063 774 223 997 745 222 967 816 227 1,043 745 222 967 9.6% 1.9% 7.8% 보장성보험 Protection 446 47 494 444 44 488 437 41 478 430 38 468 429 35 463 446 47 494 429 35 463 4.2% 34.9% 6.5% 저축성보험 ( 변액제외 ) Savings (Excluding Variable) 347-347 336-336 360-360 320-320 292-292 347-347 292-292 18.8% 18.8% 변액보험 (a+b) Variable (a+b) 23 180 203 23 183 207 24 202 226 24 185 209 24 188 212 23 180 203 24 188 212 (5.0%) (4.2%) (4.3%) 합 Total 816 227 1,043 803 227 1,030 821 243 1,063 774 223 997 745 222 967 816 227 1,043 745 222 967 9.6% 1.9% 7.8% 8/20

상품별초년도보험료 (First Year Premium Income by Product) FY2017 Q1 Q4 Q3 FY2016 Q2 Q1 FY2017 Q1 FY2016 Q1 개인보험 Individual Life 228 73 301 213 70 283 243 83 326 204 62 266 188 58 247 228 73 301 188 58 247 21.2% 24.5% 22.0% 보장성보험 Protection 51 17 68 53 14 67 53 12 65 50 11 61 48 9 58 51 17 68 48 9 58 5.4% 74.2% 16.7% 종신보험 Whole Life 36-36 40-40 42-42 41-41 40-40 36-36 40-40 (8.8%) (8.8%) 변액종신보험 Variable Whole Life 9 17 25 8 14 22 7 12 19 6 11 17 5 9 15 9 17 25 5 9 15 61.7% 74.2% 69.7% 정기보험 Term Life 1-1 1-1 1-1 1-1 1-1 1-1 1-1 (9.5%) (9.5%) 건강보험 Health Benefit 5-5 5-5 4-4 2-2 2-2 5-5 2-2 126.4% 126.4% 기타보장 Other Protection 0-0 - - - 0-0 0-0 - - - 0-0 - - - 연금보험 Annuities 57 16 73 39 10 49 31 14 45 37 12 49 42 12 54 57 16 73 42 12 54 34.4% 32.1% 33.9% 금리확정형 Fixed-rate Annuities 0-0 0-0 - - - 0-0 0-0 0-0 0-0 416.4% 416.4% 금리연동형 Floating-rate Annuities 55-55 38-38 30-30 36-36 41-41 55-55 41-41 34.1% 34.1% 변액연금 (a) Variable Annuities (a) 1 16 18 1 10 11 1 14 15 1 12 13 1 12 13 1 16 18 1 12 13 23.5% 32.1% 31.4% 저축보험 ( 변액포함 ) Savings (Including Variable) 121 40 161 121 46 167 159 57 216 117 39 156 98 37 135 121 40 161 98 37 135 23.3% 9.1% 19.4% 금리확정형 Fixed-rate Savings - - - - - - - - - - - - - - - - - - - - - 금리연동형 Floating-rate Savings 117-117 117-117 155-155 114-114 95-95 117-117 95-95 23.5% 23.5% 변액저축 (b) Variable Savings (b) 3 40 44 4 46 50 4 57 61 3 39 42 3 37 40 3 40 44 3 37 40 17.6% 9.1% 9.7% 단체보험 Group Life - - - - - - - - - - - - - - - - - - - - - 개인 + 단체 Total 228 73 301 213 70 283 243 83 326 204 62 266 188 58 247 228 73 301 188 58 247 21.2% 24.5% 22.0% 보장성보험 Protection 51 17 68 53 14 67 53 12 65 50 11 61 48 9 58 51 17 68 48 9 58 5.4% 74.2% 16.7% 저축성보험 ( 변액제외 ) Savings (Excluding Variable) 172-172 155-155 185-185 150-150 136-136 172-172 136-136 26.9% 26.9% 변액보험 (a+b) Variable (a+b) 5 56 61 5 56 61 5 71 76 4 51 55 4 49 53 5 56 61 4 49 53 19.3% 14.8% 15.2% 합 Total 228 73 301 213 70 283 243 83 326 204 62 266 188 58 247 228 73 301 188 58 247 21.2% 24.5% 22.0% 9/20

상품별 APE (APE by Product) 개인보험 Individual Life 181 189 230 156 136 181 136 32.9% 보장성보험 Protection 75 80 74 62 65 75 65 15.7% 종신보험 Whole Life 30 42 38 30 39 30 39 (22.5%) 변액종신보험 Variable Whole Life 38 30 25 27 21 38 21 81.1% 정기보험 Term Life 1 1 1 1 1 1 1 (18.9%) 건강보험 Health Benefit 5 7 9 3 3 5 3 57.9% 기타보장 Other Protection - - - - - - - 연금보험 Annuities 31 18 19 14 18 31 18 72.1% 금리확정형 Fixed-rate Annuities - - - - - - - 금리연동형 Floating-rate Annuities 13 9 8 7 9 13 9 44.2% 변액연금 (a) Variable Annuities (a) 18 8 11 7 9 18 9 99.2% 저축보험 ( 변액포함 ) Savings (Including Variable) 75 91 137 80 54 75 54 40.3% 금리확정형 Fixed-rate Savings - - - - - - - 금리연동형 Floating-rate Savings 61 54 81 55 30 61 30 104.3% 변액저축 (b) Variable Savings (b) 14 37 56 25 24 14 24 (39.8%) 단체보험 Group Life - - - - - - - 개인 + 단체 Total 181 189 230 156 136 181 136 32.9% 보장성보험 Protection 75 80 74 62 65 75 65 15.7% 저축성보험 ( 변액제외 ) Savings (Excluding Variable) 74 64 89 62 39 74 39 90.6% 변액보험 (a+b) Variable (a+b) 32 45 67 32 33 32 33 (1.5%) 합 Total 181 189 230 156 136 181 136 32.9% 10/20

채널별초회보험료 (Initial Premium Income by Channel) (% Change) FC 채널 FC Channel 82 67 78 59 61 82 61 34.6% BA 채널 BA Channel 25 18 25 19 24 25 24 4.3% GA 채널 GA Channel 2 2 2 2 2 2 2 13.6% Total 109 87 105 80 87 109 87 25.8% 11/20

채널별초년도보험료 (First Year Premium Income by Channel) (% Change) FC 채널 FC Channel 162 145 154 137 141 162 141 14.4% BA 채널 BA Channel 117 118 156 114 96 117 96 22.8% GA 채널 GA Channel 22 20 17 14 10 22 10 121.5% Total 301 283 326 266 247 301 247 22.0% 12/20

채널별 APE (APE by Channel) (% Change) FC 채널 FC Channel 97 106 123 74 87 97 87 11.4% BA 채널 BA Channel 62 54 82 55 30 62 30 107.5% GA 채널 GA Channel 21 29 25 27 19 21 19 13.1% Total 181 189 230 156 136 181 136 32.9% 13/20

신약가치 Value of New Business (VNB) FY2017 FY2016 FY2017 FY2016 신약가치 VNB 35.3 32.4 33.0 17.8 17.8 35.3 17.8 98.0% 채널별 by Channel 35.3 32.4 33.0 17.8 17.8 35.3 17.8 98.0% FC채널 FC Channel 30.7 30.4 29.3 15.0 17.8 30.7 17.8 72.7% BA채널 BA Channel 1.7 0.4 1.4 0.5 0.0 1.7 0.0 >500% GA채널 GA Channel 2.9 1.7 2.3 2.2 (0.0) 2.9 (0.0) >500% 상품별 by Product 35.3 32.4 33.0 17.8 17.8 35.3 17.8 98.0% 보장성상품 Protection 30.1 28.0 25.4 15.6 16.2 30.1 16.2 85.5% 저축성상품 Savings 3.1 1.5 2.3 1.2 0.9 3.1 0.9 241.6% 변액상품 Variable 2.1 2.9 5.4 1.0 0.7 2.1 0.7 201.3% VNB Margin % VNB Margin % 19.5% 17.1% 14.4% 11.4% 13.1% 19.5% 13.1% 6.4%p 채널별 by Channel 19.5% 17.1% 14.4% 11.4% 13.1% 19.5% 13.1% 6.4% FC채널 FC Channel 31.6% 28.7% 23.8% 20.2% 20.4% 31.6% 20.4% 11.2%p BA채널 BA Channel 2.7% 0.7% 1.7% 1.0% 0.1% 2.7% 0.1% 2.6%p GA채널 GA Channel 13.5% 5.8% 9.1% 8.2% (0.0%) 13.5% (0.0%) 13.6%p 상품별 by Product 19.5% 17.1% 14.4% 11.4% 13.1% 19.5% 13.1% 6.4% 보장성상품 Protection 40.3% 35.0% 34.5% 25.4% 25.2% 40.3% 25.2% 15.2%p 저축성상품 Savings 4.2% 2.3% 2.5% 1.9% 2.4% 4.2% 2.4% 1.9%p 변액상품 Variable 6.4% 6.4% 8.0% 3.0% 2.1% 6.4% 2.1% 4.3%p 14/20

경영효율지표 (Efficiency) ( 단위 : %, 명 ) ( Unit : %, headcount) 실효해약률 1) (Lapse & Surrender Rate) 2.6% 2.4% 2.4% 2.3% 2.3% 2.6% 2.3% 0.3%p 유지율 2) (Persistency Rate) 13 회차 (13th Month) 25 회차 (25th Month) 81.8% 84.6% 83.7% 81.2% 85.1% 81.8% 85.1% (3.3%p) 72.8% 71.4% 68.3% 67.2% 66.8% 72.8% 66.8% 6.0%p 13 월차정착률 3) (13th Month FC Retention Rate) 56.3% 55.4% 57.7% 53.9% 52.2% 56.3% 52.2% 4.1%p 13 월차정착률 4) ( 금융감독원기준 ) (13th Month FC Retention Rate (FSS Basis)) 전속설사인원수 5) (Number of Financial Consultants) 34.0% 38.0% 40.2% 35.5% 35.8% 34.0% 35.8% (1.9%p) 5,160 5,118 5,064 4,986 4,933 5,160 4,933 4.6% 1) 실효해약률 = ( 해약액 + 실효액 )/( 신약액 + 전분기말보유약액 )*100 Lapse & Surrender Rate = (Lapse Amount + Surrender Amount)/(New Business Insured Amount + In-force Business Insured Amount as of previous quarter-end)*100 2) 유지율 : 금융감독원업무보고서기준 Persistency Rate : FSS Business Report Basis 3) 13월차정착률 : 현재재적중인대상 FC수 /13월차전위촉한 FC수 Retention Rate : Registered number of FCs appointed prior to 13th month / Appointed number of FCs prior to 13th month 4) 금융감독원기준정착률 : 금융감독원업무보고서기준 Retention Rate(FSS Basis) : FSS Business Report Basis 5) 보고기간말회사등록인원수 Company registered number of FCs as of reporting date 15/20

수익성지표 (Profitability) 운용자산이익률 1) Investment Yield 1) 3.7% 3.7% 3.8% 3.9% 4.0% 3.7% 4.0% (0.3%p) 조정운용자산이익률 2) Adjusted Investment Yield 2) 4.1% 4.2% 4.2% 4.4% 4.5% 4.1% 4.5% (0.3%p) 사업비율 3) Expense Ratio 3) 5.4% 5.2% 5.0% 5.3% 6.1% 5.4% 6.1% (0.7%p) 손해율 4) Loss Ratio 4) 80.8% 67.9% 62.8% 128.0% 81.2% 80.8% 81.2% (0.4%p) 사고보험금 Claims 120 100 91 185 116 120 116 3.3% 위험보험료 Risk Premiums 149 147 146 144 143 149 143 3.9% 손해율 ( 자살보험금제외 ) Loss Ratio (Excluding Past Suicide Claims) 80.8% 68.0% 74.8% 72.8% 81.2% 80.8% 81.2% (0.4%p) 1) 운용자산이익률 : 금융감독원업무보고서기준 Investment Yield : FSS Business Report Basis 2) 조정운용자산이익률 : 매도가능증권평가손익을제외한운용자산기준 Adjusted Investment Yield : Investment Income/Investment Assets (Excluding Unrealized Gains and Losses) 3) 사업비율 = 유지비 / 수입보험료 ( 정포함 ) Expense Ratio: Maintenance Cost / Premium Income (Including Separate account) 4) 손해율 : 금융감독원업무보고서기준, FY2016.Q4 사망보험금기준명확화에따른 2016 위험보험료대사망보험금비율소급변경 Loss Ratio : FSS Business Report Basis, 2016 Loss ratios were re-calculated as per new definition revised in Q4 2016. 16/20

자산 Portfolio 현황 (Investment Assets Portfolio) FY2017 FY2016 FY2017 FY2016 증감 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 금액 (Amount) 구성비 (%) 운용자산 Investment Assets 24,119 100.0% 23,984 100.0% 24,953 100.0% 24,415 100.0% 23,492 100.0% 24,119 100.0% 23,492 100.0% 628 현금및예치금 Cash and Bank Deposits 619 2.6% 565 2.4% 641 2.6% 588 2.4% 602 2.6% 619 2.6% 602 2.6% 17 0.0%p 채권 Domestic Bonds 20,766 86.1% 20,782 86.7% 21,610 86.6% 21,154 86.6% 20,262 86.3% 20,766 86.1% 20,262 86.3% 504 (0.2%p) 주식, 수익증권, 출자금 Stocks, Investment fund, Equity investment 254 1.1% 312 1.3% 258 1.0% 367 1.5% 359 1.5% 254 1.1% 359 1.5% (105) (0.5%p) 외화유가증권 Securities in foreign currency 216 0.9% 218 0.9% 195 0.8% 163 0.7% 137 0.6% 216 0.9% 137 0.6% 79 0.3%p 기타유가증권 Other Securities 13 0.1% 16 0.1% 22 0.1% 19 0.1% 19 0.1% 13 0.1% 19 0.1% (7) (0.0%p) 대출채권 Loans 2,252 9.3% 2,089 8.7% 2,226 8.9% 2,124 8.7% 2,112 9.0% 2,252 9.3% 2,112 9.0% 140 0.3%p 비운용자산 Other Assets 1,336 1,332 1,370 1,371 1,301 1,336 1,301 35 정자산 Separate Account Assets 5,445 5,353 5,476 5,468 5,568 5,445 5,568 (122) 자산총 Total Assets 30,900 30,669 31,798 31,254 30,360 30,900 30,360 540 17/20

자산종류별투자손익 (Investment Return by Asset Class) (% Change) 현금및예치금 Cash and bank deposits 7 9 7 8 7 7 7 (9.4%) 채권 Domestic Bonds 177 182 178 176 179 177 179 (0.7%) 주식, 수익증권, 출자금 Stocks, Investment fund, Equity investment 8 1 1 4 6 8 6 47.6% 외화유가증권 Securities in foreign currency (2) 7 (3) 1 1 (2) 1 (323.3%) 기타유가증권 Other Securities 0 0 0 (0) 0 0 0 - 대출채권 Loans 28 28 28 28 28 28 28 0.1% 재산관리비등 Investment Administration Expenses, etc. (6) (7) (5) (6) (8) (6) (8) 23.2% 투자손익 Total 213 220 207 212 213 213 213 0.0% 18/20

자산건전성현황 (Asset Quality of Loans) 대출채권 1) Loans 1) 2,314 2,155 2,293 2,195 2,184 2,314 2,184 5.9% 정상 Normal 2,313 2,154 2,292 2,194 2,184 2,313 2,184 5.9% 요주의 Precautionary - - - - - - - 고정이하 Substandard and Below 1 0 0 0 0 1 0 30.4% ( 고정 ) (Substandard) 0 - - - - 0 - ( 회수의문 ) (Doubtful) - - - - - - - ( 추정손실 ) (Estimated Loss) 1 0 0 0 0 1 0 12.8% 부실대출비율 (NPL) Non-performing Loans(NPL) Ratio 0.03% 0.02% 0.02% 0.02% 0.02% 0.03% 0.02% 0.01%p 1) 정포함 Including Separate Account 19/20

재무안정성 (Financial Stability) ( 단위 : %. 년 ) ( Unit: %, Year) 보험료적립금 비중 1) Premium Reserve Composition (%) 변동금리비중 (Interest Sensitive Rate) 51.5 51.6 51.8 51.9 52.2 51.5 52.2 (0.7p) 고정금리비중 (Fixed Interest Rate) 48.5 48.4 48.2 48.1 47.8 48.5 47.8 0.7p 6.0% 이상 (6.0% and above) 10.1 10.2 10.2 10.3 10.4 10.1 10.4 (0.3p) 6.0% 미만 (Below 6.0%) 38.4 38.2 37.9 37.8 37.5 38.4 37.5 0.9p 평균부담금리 (Average rate) 4.0 4.0 4.1 4.1 4.1 4.0 4.1 (0.1p) 평균부담금리 2) Average Interest Rate (%) 변동금리 (Interest Sensitive Rate) 3.1 3.1 3.2 3.2 3.3 3.1 3.3 (0.2p) 고정금리 (Fixed Interest Rate) 5.0 5.0 5.0 5.0 5.0 5.0 5.0 (0.0p) 6.0% 이상 (6.0% and above) 6.9 6.9 6.9 6.9 6.9 6.9 6.9 0.0p 6.0% 미만 (Below 6.0%) 3.7 3.7 3.7 3.8 3.8 3.7 3.8 (0.1p) 듀레이션 (RBC) Duration (RBC) (Year) 듀레이션갭 (Duration Gap) 3) 2.47 2.36 2.78 3.03 2.83 2.47 2.83 (0.30) 자산듀레이션 (Asset Duration) 8.72 8.85 8.91 8.95 8.81 8.72 8.81 (0.10) 부채듀레이션 (Liability Duration) 7.71 8.09 8.12 7.79 7.72 7.71 7.72 0.00 투자스프레드 Investment Related Profit (%, %p) 조정운용자산이익률 (A) (Adjusted Investment Yield(A)) 보험료적립금평균예정이율 (B) 4) (Average Interest Rate for Premium Reserve(B)) 투자스프레드 (A-B) (Investment Spread(A-B)) 4.1 4.2 4.2 4.4 4.5 4.1 4.5 (0.3p) 4.0 4.1 4.1 4.2 4.2 4.0 4.2 (0.2p) 0.1 0.1 0.1 0.2 0.2 0.1 0.2 (0.1p) 1) 보험료적립금비중은각분기말시점의보험료적립금을기준으로작성 (Premium Reserve Composition Rate is based on the premium reserve amount at the end of each quarter) 2) 평균부담금리는각분기별보험료적립금부담이자기준으로작성 (Average Interest Rate is based on paid interest on premium reserves of each quarter) 3) 듀레이션갭 : 자산듀레이션 - 부채듀레이션 ( 보험부채 / 금리부자산 ) (Duration Gap : Asset Duration - Liability Duration x (Insurance Liability/Interest-earning Assets)) 4) 평균예정이율항목은직전 1 년간보험료적립금부담이자기준으로작성 (Average Interest Rate for Premium Reserve is based on paid interest on premium reserves of previous 12 months) 20/20