Insurers.global

Licensed list · Asia-Pacific · East Asia · KR

Licensed insurance companies in South Korea (2026)

PartialPartially verified against the FSC / FSS register, checked 4 Sept 2026.

The 45 insurance companies licensed in South Korea in 2026, as recorded by the Financial Services Commission / Financial Supervisory Service (FSC / FSS), with the class of business and ownership each one is registered under.

45Licensed operators
19Life42% of entities17General (non-life)38% of entities14Cross-border groups31 domestically owned

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

  • Domestic private27 60%
  • Foreign multinational14 31%
  • Mutual / cooperative2 4%
  • State-owned / parastatal2 4%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in South Korea

Showing 25 of 45 entities. The full, filterable table is on the country page; every row is in the JSON below.

InsurerClassOwnershipGroupVerification
AIA Life KoreaLLifeForeign multinationalAIA GroupPartial
AIG KoreaGGeneral (Non-life)Foreign multinationalAIGPartial
AXA General Insurance KoreaGGeneral (Non-life)Foreign multinationalAXAPartial
BNP Paribas Cardif Life KoreaLLifeForeign multinationalBNP ParibasPartial
Chubb Korea (ACE)GGeneral (Non-life)Foreign multinationalChubbPartial
Gen Re KoreaRReinsurerForeign multinationalBerkshire HathawayPartial
Hannover Re KoreaRReinsurerForeign multinationalTalanxPartial
Lina Life (Chubb)LLifeForeign multinationalChubbPartial
MetLife KoreaLLifeForeign multinationalMetLifePartial
Munich Re KoreaRReinsurerForeign multinationalMunich RePartial
RGA KoreaRReinsurerForeign multinationalRGAPartial
SCOR KoreaRReinsurerForeign multinationalSCORPartial
Swiss Re KoreaRReinsurerForeign multinationalSwiss RePartial
Carrot General InsuranceGGeneral (Non-life)Domestic privateHanwhaPartial
Fubon Hyundai LifeLLifeForeign multinationalFubonPartial
Hanwha General InsuranceGGeneral (Non-life)Domestic privateHanwhaPartial
Hanwha LifeLLifeDomestic privateHanwhaPartial
Hyundai Marine & FireGGeneral (Non-life)Domestic privateHyundaiPartial
Korean Reinsurance CoRReinsurerDomestic privateKorean RePartial
Samsung Fire & MarineGGeneral (Non-life)Domestic privateSamsung FirePartial
ABL LifeLLifeDomestic privateWoori FinancialPartial
DB InsuranceGGeneral (Non-life)Domestic privateDB GroupPartial
DB LifeLLifeDomestic privateDB GroupPartial
Hana InsuranceGGeneral (Non-life)Domestic privateHana FinancialPartial
Hana LifeLLifeDomestic privateHana FinancialPartial

Full table for South Korea ↗

Regulatory intelligence: South Korea

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Regime
K-ICS
Register source
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
Verification
Partially verified against the regulator register · 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

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Financial supervisory institutional framework · Institutional and insurance framework

    The FSC is the government agency responsible for financial policy and regulatory supervision. The FSS conducts supervisory work within the wider framework.

Verification log

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

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/south-korea.json
curl -s https://insurers.global/api/v1/countries/south-korea/insurers/pages/1.json
  • MCP: connect https://insurers.global/mcp and call get_country_summary with { "country": "south-korea" }, or list_insurers with country, limit and offset for paged rows.
  • OpenAPI 3.1: /api/v1/openapi.json · WebMCP: /.well-known/webmcp.json · Guide: /ai/ · llms.txt
  • Dataset version 2026-09-08+3f3925fad259; every response carries version, verified and licence.