South Korea · East Asia · class G
General (Non-life) insurance companies in South Korea
17 licensed general (non-life) insurers, 36% of the 47 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Short-term property, casualty, motor, marine and other non-life covers.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| AIG Korea | GGeneral (Non-life) | AIGIAIG | Foreign multinational | FSC / FSS | Partial |
| AXA General Insurance Korea | GGeneral (Non-life) | AXAIAIG | Foreign multinational | FSC / FSS | Partial |
| Carrot General Insurance Digital | GGeneral (Non-life) | Hanwha | Domestic private | FSC / FSS | Partial |
| Chubb Korea (ACE) | GGeneral (Non-life) | ChubbIAIG | Foreign multinational | FSC / FSS | Partial |
| DB Insurance | GGeneral (Non-life) | DB Group | Domestic private | FSC / FSS | Partial |
| Hana Insurance | GGeneral (Non-life) | Hana Financial | Domestic private | FSC / FSS | Partial |
| Hanwha General Insurance | GGeneral (Non-life) | Hanwha | Domestic private | FSC / FSS | Partial |
| Heungkuk Fire & Marine | GGeneral (Non-life) | Taekwang | Domestic private | FSC / FSS | Partial |
| Hyundai Marine & Fire | GGeneral (Non-life) | Hyundai | Domestic private | FSC / FSS | Partial |
| Kakao Pay Insurance Digital | GGeneral (Non-life) | Kakao | Domestic private | FSC / FSS | Partial |
| KB Insurance | GGeneral (Non-life) | KB Financial | Domestic private | FSC / FSS | Partial |
| Lotte Insurance | GGeneral (Non-life) | JKL Partners | Domestic private | FSC / FSS | Partial |
| 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 |
| Samsung Fire & Marine Largest non-life | GGeneral (Non-life) | Samsung Group | Domestic private | FSC / FSS | Partial |
| Shinhan EZ General Digital | GGeneral (Non-life) | Shinhan Financial | Domestic private | FSC / FSS | Partial |
No insurers match that filter.
About general (non-life) insurers in South Korea
How many general (non-life) insurers are licensed in South Korea?
17 of the 47 licensed insurance entities in South Korea are classified as general (non-life) (36%), according to the FSC / FSS register as reflected in this directory (count-verified).
Who regulates general (non-life) insurers in South Korea?
Financial Services Commission / Financial Supervisory Service (FSC / FSS), under K-ICS. Official website: https://fss.or.kr.
Are the general (non-life) insurers in South Korea locally or foreign owned?
3 of 17 belong to regional or foreign multinational groups (including AIG, AXA, Hanwha, Chubb), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/south-korea.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.