South Korea · East Asia · class G

General (non-life) insurance companies in South Korea

17 licensed general (non-life) insurers, 38% of the 45 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Short-term property, casualty, motor, marine and other non-life covers.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
AIG KoreaNYSE: AIGGGeneral (Non-life)AIGIAIGForeign multinationalFSC / FSSPartial92 Confidence: Medium
AXA General Insurance KoreaEuronext Paris: CSGGeneral (Non-life)AXAIAIGForeign multinationalFSC / FSSPartial95 Confidence: Medium
Carrot General InsuranceKRX: 000880
Digital
GGeneral (Non-life)HanwhaDomestic privateFSC / FSSPartial74 Confidence: Low
Chubb Korea (ACE)GGeneral (Non-life)ChubbIAIGForeign multinationalFSC / FSSPartial76 Confidence: Low
DB InsuranceKRXGGeneral (Non-life)DB GroupDomestic privateFSC / FSSPartial53 Confidence: Low
Hana InsuranceKRX: 086790GGeneral (Non-life)Hana FinancialDomestic privateFSC / FSSPartial68 Confidence: Low
Hanwha General InsuranceKRX: 000880GGeneral (Non-life)HanwhaDomestic privateFSC / FSSPartial70 Confidence: Low
Heungkuk Fire & MarineGGeneral (Non-life)TaekwangDomestic privateFSC / FSSPartial49 Confidence: Low
Hyundai Marine & FireKRX: 001450GGeneral (Non-life)HyundaiDomestic privateFSC / FSSPartial—
Kakao Pay InsuranceKRX: 035720
Digital
GGeneral (Non-life)KakaoDomestic privateFSC / FSSPartial71 Confidence: Low
KB InsuranceKRX: 105560GGeneral (Non-life)KB FinancialDomestic privateFSC / FSSPartial55 Confidence: Low
Lotte InsuranceKRXGGeneral (Non-life)JKL PartnersDomestic privateFSC / FSSPartial69 Confidence: Low
Meritz Fire & MarineGGeneral (Non-life)Meritz FinancialDomestic privateFSC / FSSPartial—
MG Non-Life
Insolvent; transfer pending
GGeneral (Non-life)Under FSC administrationDomestic privateFSC / FSSPartial—
NH NongHyup P&CGGeneral (Non-life)NongHyupMutual / cooperativeFSC / FSSPartial72 Confidence: Low
Samsung Fire & MarineKRX: 000810
Largest non-life
GGeneral (Non-life)Samsung FireDomestic privateFSC / FSSPartial94 Confidence: Low
Shinhan EZ GeneralKRX: 055550
Digital
GGeneral (Non-life)Shinhan FinancialDomestic privateFSC / FSSPartial68 Confidence: Low

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

About general (non-life) insurers in South Korea

How many general (non-life) insurers are licensed in South Korea?

17 of the 45 licensed insurance entities this directory lists in South Korea are classified as general (non-life) (38%). Partially verified against the regulator register.

Who regulates general (non-life) insurers in South Korea?

Financial Services Commission / Financial Supervisory Service (FSC / FSS). Regime: K-ICS. Official website: https://fss.or.kr.

Who owns the general (non-life) insurers in South Korea?

Of the 17 licensed general (non-life) insurers in South Korea, 13 are domestic private companies, 3 are subsidiaries of foreign multinational groups (AIG, AXA, Chubb), and 1 is a mutual or cooperative insurer, as recorded in the register.

Data: /api/v1/countries/south-korea.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.