South Korea · East Asia · class L
Life insurance companies in South Korea
21 licensed life insurers, 45% of the 47 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Long-term life assurance, annuities, pensions and savings products.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| ABL Life Acquired 2025 | LLife | Woori Financial | Domestic private | FSC / FSS | Partial |
| AIA Life Korea | LLife | AIA GroupIAIG | Foreign multinational | FSC / FSS | Partial |
| Allianz? (exited) Exited | LLife | Independent | Foreign multinational | FSC / FSS | Partial |
| BNP Paribas Cardif Life Korea | LLife | BNP ParibasIAIG | Foreign multinational | FSC / FSS | Partial |
| DB Life | LLife | DB Group | Domestic private | FSC / FSS | Partial |
| Fubon Hyundai Life | LLife | Fubon | Foreign multinational | FSC / FSS | Partial |
| Hana Life | LLife | Hana Financial | Domestic private | FSC / FSS | Partial |
| Hanwha Life | 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 Life | 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 |
| MetLife Korea | 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 |
| Prudential Life Korea? merged into KB Life Merged 2023 | LLife | KB Financial | Domestic private | FSC / FSS | Partial |
| Samsung Life Largest life | LLife | Samsung Group | Domestic private | FSC / FSS | Partial |
| Shinhan Life | LLife | Shinhan Financial | Domestic private | FSC / FSS | Partial |
| Tongyang Life Acquired 2025 | LLife | Woori Financial | Domestic private | FSC / FSS | Partial |
No insurers match that filter.
About life insurers in South Korea
How many life insurers are licensed in South Korea?
21 of the 47 licensed insurance entities in South Korea are classified as life (45%), according to the FSC / FSS register as reflected in this directory (count-verified).
Who regulates life insurers in South Korea?
Financial Services Commission / Financial Supervisory Service (FSC / FSS), under K-ICS. Official website: https://fss.or.kr.
Are the life insurers in South Korea locally or foreign owned?
6 of 21 belong to regional or foreign multinational groups (including AIA Group, BNP Paribas, Fubon, Hanwha), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/south-korea.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.