South Korea · East Asia · class L

Life insurance companies in South Korea

19 licensed life insurers, 42% of the 45 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
ABL LifeKRX: 316140
Acquired 2025
LLifeWoori FinancialDomestic privateFSC / FSSPartial—
AIA Life KoreaHKEX: 1299LLifeAIA GroupIAIGForeign multinationalFSC / FSSPartial84 Confidence: Low
BNP Paribas Cardif Life KoreaEuronext Paris: BNPLLifeBNP ParibasIAIGForeign multinationalFSC / FSSPartial91 Confidence: Low
DB LifeLLifeDB GroupDomestic privateFSC / FSSPartial—
Fubon Hyundai LifeTWSE: 2881LLifeFubonForeign multinationalFSC / FSSPartial61 Confidence: Low
Hana LifeKRX: 086790LLifeHana FinancialDomestic privateFSC / FSSPartial—
Hanwha LifeKRX: 088350LLifeHanwhaDomestic privateFSC / FSSPartial—
Heungkuk LifeLLifeTaekwangDomestic privateFSC / FSSPartial—
iM Life (ex-DGB Life)LLifeiM FinancialDomestic privateFSC / FSSPartial—
KB LifeKRX: 105560LLifeKB FinancialDomestic privateFSC / FSSPartial—
Kyobo LifeLLifeKyoboDomestic privateFSC / FSSPartial—
Kyobo Lifeplanet
Online
LLifeKyoboDomestic privateFSC / FSSPartial—
Lina Life (Chubb)LLifeChubbIAIGForeign multinationalFSC / FSSPartial75 Confidence: Low
MetLife KoreaNYSE: METLLifeMetLifeIAIGForeign multinationalFSC / FSSPartial—
Mirae Asset LifeLLifeMirae AssetDomestic privateFSC / FSSPartial—
NH NongHyup LifeLLifeNongHyupMutual / cooperativeFSC / FSSPartial—
Samsung LifeKRX
Largest life
LLifeSamsung GroupDomestic privateFSC / FSSPartial65 Confidence: Low
Shinhan LifeKRX: 055550LLifeShinhan FinancialDomestic privateFSC / FSSPartial—
Tongyang LifeKRX: 316140
Acquired 2025
LLifeWoori FinancialDomestic privateFSC / FSSPartial—

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 life insurers in South Korea

How many life insurers are licensed in South Korea?

19 of the 45 licensed insurance entities this directory lists in South Korea are classified as life (42%). Partially verified against the regulator register.

Who regulates 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 life insurers in South Korea?

Of the 19 licensed life insurers in South Korea, 13 are domestic private companies, 5 are subsidiaries of foreign multinational groups (AIA Group, BNP Paribas, Chubb), and 1 is a mutual or cooperative insurer, as recorded in the register.

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