In 2022, non-life insurance penetration in South Korea reached about 5.8 percent, which was an increase compared to the previous year. The overall insurance penetration in South Korea stood at about 11.1 percent that year.
Penetration rate of non-life insurance in South Korea from 2016 to 2022
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Korea Insurance Research Institute. (September 30, 2023). Penetration rate of non-life insurance in South Korea from 2016 to 2022 [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/
Korea Insurance Research Institute. "Penetration rate of non-life insurance in South Korea from 2016 to 2022." Chart. September 30, 2023. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/
Korea Insurance Research Institute. (2023). Penetration rate of non-life insurance in South Korea from 2016 to 2022. Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/
Korea Insurance Research Institute. "Penetration Rate of Non-life Insurance in South Korea from 2016 to 2022." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/
Korea Insurance Research Institute, Penetration rate of non-life insurance in South Korea from 2016 to 2022 Statista, https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/ (last visited April 26, 2024)
Penetration rate of non-life insurance in South Korea from 2016 to 2022 [Graph], Korea Insurance Research Institute, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/1306007/south-korea-non-life-insurance-penetration/