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KB Insurance Company

KB Financial Group is the largest Financial Institution in Korea with total assets of USD 4 74.4 bn. The Group has a well-diversified Business Portfolio including Banking, Financial Investment, Credit, Small Loan Financing, and others. They are #1 market share in internet & mobile banking, #1 retail mortgage lender & deposit volume in Korea (as at 2019).

As one of the subsidiaries in KB Financial Group, KB Insurance is a leading insurer with comprehensive lines of business from individual to corporate in Korea. The company ranks as the 4th largest non-life insurer with a market share of approximately 13%. Demonstrating excellence in financial soundness, KB Insurance obtained “A” credit rating from the A.M. Best of the U.S.

  • KB Insurance Company Ltd was founded in 1959
  • Head office: KB Insurance Blgd, 117, Teheran-ro, Gangnam-gu, Seoul, Republic of Korea
  • Capital: 33 Bil KRW
  • Employees: 3,400

Financial Highlight (2021):

  • Net Premium: 11,475 Bil KRW
  • Total Asset: 40,333 Bil KRW
  • Risk Based Capital Ratio : 179.39%
  • Rating : A (AM Best)

Network:

  • Branches and representative offices in many countries: Vietnam , USA , Indonesia , China
  • No.1 Financail Group 2021 in Korean in terms of Net Profit
  • Strong in Property & Casualty Insurance