East Asia · KR · KRW
South Korea
한국
45 licensed entities supervised by the Financial Services Commission / Financial Supervisory Service.
- Listed insurers
- 45
- Insurance classes
- 4
- Groups present
- 17
Reinsurance tax on foreign reinsurers
Latest available research by tax type. Treaty relief and transaction conditions can change the result.
- South Korea: Rate not established — Not verified · reviewed 2026-10-06
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
South Korea
- Korean
- 한국
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Count-verified · FSS/FSC: 52 domestic insurers in 2026 (22 life, 30 non-life). KLIA and KNIA member lists are Korean-only, so names remain knowledge-based
45 rows against the FSS count of 52 domestic insurers, so the market is not complete and names are not register-checked. Refreshed 9 Sep 2026: removed Allianz Life Korea (sold 2016 and renamed ABL Life, which is listed) and Prudential Life Korea (merged into KB Life in 2023, which is listed); both rows carried the exit in the company name itself
Licensed insurers in South Korea
Scroll horizontally to compare columns.
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| AIG KoreaNYSE: AIG | GGeneral (Non-life) | AIGIAIG | Foreign multinational | FSC / FSS | Partial | 92 Confidence: Medium |
| AXA General Insurance KoreaEuronext Paris: CS | GGeneral (Non-life) | AXAIAIG | Foreign multinational | FSC / FSS | Partial | 95 Confidence: Medium |
| Carrot General InsuranceKRX: 000880 Digital | GGeneral (Non-life) | Hanwha | Domestic private | FSC / FSS | Partial | 74 Confidence: Low |
| Chubb Korea (ACE) | GGeneral (Non-life) | ChubbIAIG | Foreign multinational | FSC / FSS | Partial | 76 Confidence: Low |
| DB InsuranceKRX | GGeneral (Non-life) | DB Group | Domestic private | FSC / FSS | Partial | 53 Confidence: Low |
| Hana InsuranceKRX: 086790 | GGeneral (Non-life) | Hana Financial | Domestic private | FSC / FSS | Partial | 68 Confidence: Low |
| Hanwha General InsuranceKRX: 000880 | GGeneral (Non-life) | Hanwha | Domestic private | FSC / FSS | Partial | 70 Confidence: Low |
| Heungkuk Fire & Marine | GGeneral (Non-life) | Taekwang | Domestic private | FSC / FSS | Partial | 49 Confidence: Low |
| Hyundai Marine & FireKRX: 001450 | GGeneral (Non-life) | Hyundai | Domestic private | FSC / FSS | Partial | — |
| Kakao Pay InsuranceKRX: 035720 Digital | GGeneral (Non-life) | Kakao | Domestic private | FSC / FSS | Partial | 71 Confidence: Low |
| KB InsuranceKRX: 105560 | GGeneral (Non-life) | KB Financial | Domestic private | FSC / FSS | Partial | 55 Confidence: Low |
| Lotte InsuranceKRX | GGeneral (Non-life) | JKL Partners | Domestic private | FSC / FSS | Partial | 69 Confidence: Low |
| Meritz Fire & Marine | GGeneral (Non-life) | Meritz Financial | Domestic private | FSC / FSS | Partial | — |
| MG Non-Life Insolvent; transfer pending | GGeneral (Non-life) | Under FSC administration | Domestic private | FSC / FSS | Partial | — |
| NH NongHyup P&C | GGeneral (Non-life) | NongHyup | Mutual / cooperative | FSC / FSS | Partial | 72 Confidence: Low |
| Samsung Fire & MarineKRX: 000810 Largest non-life | GGeneral (Non-life) | Samsung Fire | Domestic private | FSC / FSS | Partial | 94 Confidence: Low |
| Shinhan EZ GeneralKRX: 055550 Digital | GGeneral (Non-life) | Shinhan Financial | Domestic private | FSC / FSS | Partial | 68 Confidence: Low |
| ABL LifeKRX: 316140 Acquired 2025 | LLife | Woori Financial | Domestic private | FSC / FSS | Partial | — |
| AIA Life KoreaHKEX: 1299 | LLife | AIA GroupIAIG | Foreign multinational | FSC / FSS | Partial | 84 Confidence: Low |
| BNP Paribas Cardif Life KoreaEuronext Paris: BNP | LLife | BNP ParibasIAIG | Foreign multinational | FSC / FSS | Partial | 91 Confidence: Low |
| DB Life | LLife | DB Group | Domestic private | FSC / FSS | Partial | — |
| Fubon Hyundai LifeTWSE: 2881 | LLife | Fubon | Foreign multinational | FSC / FSS | Partial | 61 Confidence: Low |
| Hana LifeKRX: 086790 | LLife | Hana Financial | Domestic private | FSC / FSS | Partial | — |
| Hanwha LifeKRX: 088350 | LLife | Hanwha | Domestic private | FSC / FSS | Partial | — |
| Heungkuk Life | LLife | Taekwang | Domestic private | FSC / FSS | Partial | — |
| iM Life (ex-DGB Life) | LLife | iM Financial | Domestic private | FSC / FSS | Partial | — |
| KB LifeKRX: 105560 | LLife | KB Financial | Domestic private | FSC / FSS | Partial | — |
| Kyobo Life | LLife | Kyobo | Domestic private | FSC / FSS | Partial | — |
| Kyobo Lifeplanet Online | LLife | Kyobo | Domestic private | FSC / FSS | Partial | — |
| Lina Life (Chubb) | LLife | ChubbIAIG | Foreign multinational | FSC / FSS | Partial | 75 Confidence: Low |
| MetLife KoreaNYSE: MET | LLife | MetLifeIAIG | Foreign multinational | FSC / FSS | Partial | — |
| Mirae Asset Life | LLife | Mirae Asset | Domestic private | FSC / FSS | Partial | — |
| NH NongHyup Life | LLife | NongHyup | Mutual / cooperative | FSC / FSS | Partial | — |
| Samsung LifeKRX Largest life | LLife | Samsung Group | Domestic private | FSC / FSS | Partial | 65 Confidence: Low |
| Shinhan LifeKRX: 055550 | LLife | Shinhan Financial | Domestic private | FSC / FSS | Partial | — |
| Tongyang LifeKRX: 316140 Acquired 2025 | LLife | Woori Financial | Domestic private | FSC / FSS | Partial | — |
| Gen Re KoreaNYSE: BRK.B | RReinsurer | Berkshire HathawayIAIG | Foreign multinational | FSC / FSS | Partial | — |
| Hannover Re KoreaFWB: TLX | RReinsurer | TalanxIAIG | Foreign multinational | FSC / FSS | Partial | — |
| Korean Reinsurance Co Largest domestic reinsurer | RReinsurer | Korean Re | Domestic private | FSC / FSS | Partial | — |
| Munich Re KoreaFWB: MUV2 | RReinsurer | Munich ReIAIG | Foreign multinational | FSC / FSS | Partial | 77 Confidence: Low |
| RGA KoreaNYSE: RGA | RReinsurer | RGAIAIG | Foreign multinational | FSC / FSS | Partial | 69 Confidence: Low |
| SCOR KoreaEuronext Paris: SCR | RReinsurer | SCORIAIG | Foreign multinational | FSC / FSS | Partial | 58 Confidence: Low |
| Swiss Re KoreaSIX: SREN | RReinsurer | Swiss ReIAIG | Foreign multinational | FSC / FSS | Partial | — |
| Korea Trade Insurance Corp (K-SURE)State-owned | XSpecialty / Credit / Captive | Korean Government | State-owned / parastatal | FSC / FSS | Partial | 83 Confidence: Low |
| Seoul Guarantee Insurance (SGI)State-owned Guarantee | XSpecialty / Credit / Captive | KDIC / listed 2025 | State-owned / parastatal | FSC / FSS | Partial | 93 Confidence: Medium |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
East Asia
