South Korea · East Asia · class R

Reinsurer insurance companies in South Korea

7 licensed reinsurers, 15% of the 47 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Carriers that accept risk ceded by primary insurers.

CompanyClassParent / groupOwnershipRegulatorVerification
Gen Re KoreaRReinsurerBerkshire HathawayIAIGForeign multinationalFSC / FSSPartial
Hannover Re KoreaRReinsurerTalanxIAIGForeign multinationalFSC / FSSPartial
Korean Reinsurance Co
Largest domestic reinsurer
RReinsurerKorean ReDomestic privateFSC / FSSPartial
Munich Re KoreaRReinsurerMunich ReIAIGForeign multinationalFSC / FSSPartial
RGA KoreaRReinsurerRGAIAIGForeign multinationalFSC / FSSPartial
SCOR KoreaRReinsurerSCORIAIGForeign multinationalFSC / FSSPartial
Swiss Re KoreaRReinsurerSwiss ReIAIGForeign multinationalFSC / FSSPartial

About reinsurers in South Korea

How many reinsurers are licensed in South Korea?

7 of the 47 licensed insurance entities in South Korea are classified as reinsurer (15%), according to the FSC / FSS register as reflected in this directory (count-verified).

Who regulates reinsurers in South Korea?

Financial Services Commission / Financial Supervisory Service (FSC / FSS), under K-ICS. Official website: https://fss.or.kr.

Are the reinsurers in South Korea locally or foreign owned?

6 of 7 belong to regional or foreign multinational groups (including Berkshire Hathaway, Talanx, Munich Re, RGA), 0 are state-owned, and the rest are domestic private companies.

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