| Life |
Nonlife (2) |
| Rank |
Company |
Direct premiums written (1) |
Rank |
Company |
Direct premiums written (1) |
| 1 |
Samsung Life Insurance |
$23,246.6 |
1 |
Samsung Fire |
$15,914.7 |
| 2 |
Hanwha Life Insurance Co., Ltd. |
12,200.4 |
2 |
Hyundai Marine and Fire Insurance Co., Ltd. |
11,207.4 |
| 3 |
Kyobo Life Insurance |
10,264.0 |
3 |
Dongbu Fire |
10,754.7 |
| 4 |
NongHyup Life Insurance Company |
7,187.5 |
4 |
KB Insurance Co., Ltd. |
8,491.7 |
| 5 |
Tongyang Life Insurance |
5,218.1 |
5 |
Meritz Fire and Marine Insurance Co., Ltd. |
5,623.0 |
| 6 |
SK Life Insurance |
4,956.7 |
6 |
Hanwha General Insurance Co., Ltd. |
4,638.6 |
| 7 |
Shinhan Life Insurance |
4,601.5 |
7 |
Heungkuk Fire and Marine Insurance Co., Ltd. |
2,784.8 |
| 8 |
Hungkuk Life Insurance |
4,194.8 |
8 |
NongHyup Property & Casualty Insurace Company |
2,750.1 |
| 9 |
ING Life Insurance |
3,632.8 |
9 |
Lotte Non-Life Insurance Co., Ltd. |
1,994.8 |
| 10 |
Hyundai Life |
3,590.9 |
10 |
Seoul Guarantee Insurance |
1,326.7 |
|
(1) The total amount of direct premiums written by an insurer before taking into account the premiums that are ceded to reinsurers. Includes personal accident and health.
(2) Includes premium received from foreign markets.
Source: Financial Supervisory Service (www.fss.or.kr/), sourced by Timetric. © Global Data.