South Korea · East Asia · class X

Specialty / Credit / Captive insurance companies in South Korea

2 licensed specialty / credit / captive insurers, 4% of the 47 insurance entities supervised by the Financial Services Commission / Financial Supervisory Service. Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

CompanyClassParent / groupOwnershipRegulatorVerification
Korea Trade Insurance Corp (K-SURE)XSpecialty / Credit / CaptiveKorean GovernmentState-owned / parastatalFSC / FSSPartial
Seoul Guarantee Insurance (SGI)
Guarantee
XSpecialty / Credit / CaptiveKDIC / listed 2025State-owned / parastatalFSC / FSSPartial

About specialty / credit / captive insurers in South Korea

How many specialty / credit / captive insurers are licensed in South Korea?

2 of the 47 licensed insurance entities in South Korea are classified as specialty / credit / captive (4%), according to the FSC / FSS register as reflected in this directory (count-verified).

Who regulates specialty / credit / captive insurers in South Korea?

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

Are the specialty / credit / captive insurers in South Korea locally or foreign owned?

0 of 2 belong to regional or foreign multinational groups, 2 are state-owned, and the rest are domestic private companies.

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