Market share of leading life insurers South Korea 2023

Published by L. Yoon, Nov 6, 2024

In 2023, the largest share of the South Korean life insurance market was held by Samsung Life Insurance, which accounted for about 23 percent of the market. Kyobo Life Insurance and Hanwha Life Insurance followed with around 17 and 12.5 percent, respectively. These three leading life insurers had a combined share of 52.1 percent of the South Korean life insurance market.

Market share of leading life insurance companies in South Korea in 2023

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Release date

September 2024

Region

South Korea

Survey time period

2023

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