Number of insurance companies South Korea 2016-2023, by type

Published by L. Yoon, Mar 5, 2024

In September 2023, there were about 22 life and 31 non-life insurance companies operating in the South Korean insurance market. While the number of insurance companies in South Korea has been declining steadily since 2016, 2022 saw a slight increase.

Number of insurance companies in South Korea from 2016 to September 2023, by type

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Release date

March 2024

Region

South Korea

Survey time period

2016 to September 2023

Special properties

domestic and foreign insurance companies

Supplementary notes

The release date used here is the access date.

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