This is the 14114th most frequent Korean word.
메리츠화재
"메리츠화재" refers to "Meritz Fire & Marine Insurance," a Korean insurance company.
Here, '메리츠화재' is used as a proper noun referring to the insurance company itself.
메리츠화재는 한국의 대표적인 보험회사입니다.
Meritz Fire & Marine Insurance is a leading insurance company in Korea.
In this sentence, '메리츠화재' specifies the company providing the insurance product.
메리츠화재의 자동차 보험이 매우 인기가 많습니다.
The auto insurance by Meritz Fire & Marine Insurance is very popular.
Here, '메리츠화재' refers to the company with which the individual consulted regarding insurance options.