This statistic shows the annual expenditure on private life insurance per capita in South Korea from 2008 to 2017. In 2017, the average annual spending per person on private life insurance amounted to 2.22 million South Korean won.
Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017
( in million South Korean won)
Characteristic
Per capita expenditure in million South Korean won
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Life insurance in South Korea was categorized into private life insurance (by private companies), Korea Post life insurance, and NongHyup and SuHyup life insurances till 2011. Since 2012, NongHyup became a private company and NongHyup life insurance was transferred into private life insurance.
Note: 1,000 South Korean won equal 0.89 U.S. dollars and 0.77 euros (as of August 2018).
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KLIA. (July 25, 2018). Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017 ( in million South Korean won) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/
KLIA. "Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017 ( in million South Korean won)." Chart. July 25, 2018. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/
KLIA. (2018). Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017 ( in million South Korean won). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/
KLIA. "Annual Expenditure on Private Life Insurance per Capita in South Korea from 2008 to 2017 ( in Million South Korean Won)." Statista, Statista Inc., 25 Jul 2018, https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/
KLIA, Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017 ( in million South Korean won) Statista, https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/ (last visited July 27, 2024)
Annual expenditure on private life insurance per capita in South Korea from 2008 to 2017 ( in million South Korean won) [Graph], KLIA, July 25, 2018. [Online]. Available: https://www.statista.com/statistics/899194/south-korea-life-insurance-premium-per-capita/
