The latest information is subject to Korea Life Insurance Association.
- LINA was sold to Chubb in 2021 and the acquisition was completed in July 2022.
- KB Financial Group took over Prudential Life Korea for some 2.3 trillion won ($1.94 billion) in August 2020.
- Shinhan Financial Group took over Orange Life for 2.3 trillion won ($2.06 billion) in September 2018; Shinhan Life and Orange Life were merged in July 2021.
- Anbang Group Holdings took over Allianz Life Insurance Korea for 3.6 billion won ($3 million) in December 2016. The company name was changed to ABL.
- PCA Life Korea was sold to Mirae Asset Life Insurance for 0.17 trillion won (£0.119 billion) in November 2016.
- Anbang Group Holdings took over Tongyang Life for 1.1 trillion won ($1 billion) in February 2015.
- ING Life Korea was sold to MBK for 1.8 trillion won ($1.6 billion) in 2013. The company name was changed to Orange Life in September 2018.
CompanyPremium IncomePremium Income 2012-2020
| Company Name | Address | Telephone | Actuarial Software |
| Hanwha Life Insurance Co., Ltd | 60, Youido-dong, Yongdungpo-gu, Seoul 150-603 | 82-2-789-5114 | R3S |
| ABL Life Insurance Co., Ltd | Allianz B/D., 45-21, Youido-dong, Yongdungpo-gu, Seoul 150-603 | 82-2-3787-7000 | Prophet |
| Samsung Life Insurance Co., Ltd | 11, Seocho-daero 74-gil, Seocho-gu, Seoul 06620 | 82-1588-3114 | Prophet |
| Heungkuk Life Insurance Co., Ltd | 226, Sinmunro 1-ga, Jongro-gu, Seoul 100-061 | 82-2-2002-7000 | Prophet |
| Kyobo Life Insurance Co., Ltd | 1, Jongro 1-ga, Jongro-gu, Seoul 110-714 | 82-2-721-2121 | |
| DGB Life Insurance Co., Ltd | 125 Namdaemoon-ro, Jung-gu, Seoul (Da-dong 85) | 82-2-2087-9301 | R3S |
| Mirae Asset Life Insurance Co., Ltd | 56 Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul | 82-2-3271-4114 | |
| KDB Life Insurance Co., Ltd | KDB Tower, 372, Hangang-daero, Yongsan-gu, Seoul 140-821 | 82-2-6303-5000 | Prophet |
| DB Life Insurance Co., Ltd | DB Bldg, 891-10, Daechi-dong, Gangnam-gu, Seoul 135-280 | 82-2-1588-3131 | |
| Tongyang Life Insurance Co., Ltd | 33, Jong-ro, Jongno-gu, Seoul 110-130 | 82-2-728-9114 | |
| MetLife Insurance Company of Korea, Ltd | Metlife Tower, 707-5, Yeoksam-dong, Gangnam-gu, Seoul 135-918 | 82-2-3469-9600 | Prophet |
| KB Life Insurance Ltd | 2nd Fl. & 15~20th Fl., KB Financial Tower, 28, 2-gil, Yeongdeungpo-gu, Seoul | 82-2-398-6800 | Prophet |
| Shinhan Life Insurance Co., Ltd | 358, Samil-daero, Jung-gu, Seoul | 82-1588-5580 | Prophet |
| Chubb Life Insurance Ltd | 11~12th Floor, Namkyung Center, 401, Teheran-ro, Gangnam-gu, Seoul | 82-2-1599-4600 | Prophet |
| Hana Life Insurance Co., Ltd | 66 Eulji-ro, Jung-gu, Seoul | 82-2-3709-7300 | Prophet |
| BNP Paribas Cardif Life Insurance | 11F, Seoul City Tower, 581, Namdaemunro-5ga, Jung-gu, Seoul | 82-2-3788-8800 | Prophet |
| Fubon Hyundai Life Insurance Co., Ltd | 395-68, Shindabang-dong, Dongjak-gu, Seoul | 82-2-1577-3311 | R3S |
| LINA Life Insurance Co., Ltd | Cigna Tower, 48, Sambong-ro, Jongno-gu, Seoul | 82-2-3781-1000 | Prophet |
| American International Assurance Korea | AIA Tower, 16, Tongil-ro 2-gil, Jung-gu, Seoul 100-130 | 82-2-3707-4800 | Prophet |
| NH Nonghyup Life Insurance Co., Ltd | 60, Chungjeong-ro, Seodaemun-gu, Seoul | 82-2-1544-4000 | |
| IBK Pension Insurance | 19th Fl., HSBC Bldg., 1-25, Bongrae-dong, Jung-gu, Seoul 100-845 | 82-2-2270-1506 | Prophet |
| Kyobo Lifeplanet Life Insurance Company | Samdeok bldg 8F 11, Gukjegeumyung-ro 6-gil, Yeongdeungpo-gu, Seoul 150-884 | 82-2-6020-8000 |
| No. | Company | Market Share | Premium Income (Billion KRW) | ||
| 2022 | 2021 | 2020 | |||
| 1 | Samsung | 21.7% | 28,745.1 | 26,603.8 | 25,540.3 |
| 2 | Kyobo | 15.6% | 20,736.1 | 15,808.3 | 14,280.0 | 3 | Hanwha | 14.0% | 18,628.5 | 14,745.1 | 14,774.8 |
| 4 | Tongyang | 6.9% | 9,108.3 | 5,822.1 | 5,768.7 |
| 5 | Shinhan | 5.8% | 7,707.9 | 6,586.0 | 5,782.5 |
| 6 | Heungkuk | 4.4% | 5,855.4 | 4,857.1 | 4,676.8 |
| 7 | Mirae Asset | 4.0% | 5,299.0 | 7,562.2 | 6,960.3 |
| 8 | NH | 3.9% | 5,148.3 | 5,868.1 | 6,382.5 |
| 9 | Fubon Hyundai | 3.3% | 4,408.9 | 4,817.6 | 5,071.4 |
| 10 | IBK | 2.7% | 3,575.0 | 3,067.1 | 2,581.2 |
| 11 | MetLife | 2.4% | 3,244.4 | 3,643.7 | 3,258.9 |
| 12 | LINA | 2.2% | 2,983.8 | 2,789.7 | 2,685.2 |
| 13 | KDB | 2.1% | 2,780.9 | 2,470.2 | 2,690.6 |
| 14 | ABL | 2.0% | 2,653.8 | 2,530.9 | 2,836.6 |
| 15 | KB | 1.7% | 2,296.9 | 2,186.9 | 1,930.6 |
| 16 | AIA | 1.7% | 2,206.2 | 1,990.4 | 2,211.1 |
| 17 | Prudential | 1.6% | 2,173.8 | 2,304.4 | 2,740.1 |
| 18 | DB | 1.4% | 1,863.8 | 1,811.2 | 1,893.6 |
| 19 | Hana | 1.2% | 1,648.7 | 1,304.2 | 814.0 |
| 20 | DGB | 0.7% | 925.8 | 1,136.9 | 941.7 |
| 21 | Kyobo Life Planet | 0.2% | 269.2 | 391.5 | 183.4 |
| 22 | BNP Paribas Cardif | 0.2% | 238.4 | 347.2 | 339.3 |
| 23 | Chubb Life | 0.1% | 185.4 | 204.5 | 256.1 |
| Total | 100% | 132,683.7 | 118,849.2 | 119,587.2 | |
| No. | Company | Premium Income (Billions of KRW) | ||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||
| 1 | Samsung | 25,540.3 | 28,248.4 | 25,158.2 | 26,320.8 | 27,884.0 | 27,457.1 | 28,238.8 | 19,600.5 | 30,755.5 |
| 2 | Kyobo | 14,280.0 | 12,435.6 | 12,168.3 | 11,621.3 | 12,242.5 | 12,609.3 | 12,299.4 | 8,731.4 | 12,744.1 | 3 | Hanwha | 14,774.8 | 14,013.7 | 14,239.8 | 13,813.9 | 15,180.8 | 14,960.0 | 13,664.4 | 9,970.4 | 14,509.6 |
| 4 | Mirae Asset | 6,960.3 | 7,247.1 | 5,839.5 | 5,612.3 | 5,895.7 | 6,173.5 | 5,332.6 | 3,913.4 | 5,052.5 |
| PCA | 1,091.8 | 1,062.8 | 1,731.5 | 1,999.3 | 1,244.7 | 1,232.9 | ||||
| 5 | Shinhan | 5,782.5 | 5,263.6 | 5,049.0 | 5,210.0 | 5,369.1 | 5,011.4 | 4,892.3 | 3,532.0 | 5,149.1 |
| Orange Life | 3,987.8 | 4,177.9 | 4,664.7 | 4,113.3 | 4,057.7 | 4,499.5 | 3,805.3 | 2,968.4 | 4,123.7 | |
| 6 | NH | 6,382.5 | 6,685.8 | 7,502.3 | 8,138.0 | 9,485.0 | 10,526.3 | 10,292.0 | 6,606.5 | 10,925.1 |
| 7 | Tongyang | 5,768.7 | 5,472.0 | 5,119.6 | 5,908.1 | 6,674.6 | 4,230.2 | 4,025.7 | 3,001.6 | 4,598.7 |
| 8 | Heungkuk | 4,676.8 | 4,423.8 | 4,740.4 | 4,749.6 | 5,673.9 | 5,633.5 | 4,328.3 | 2,785.5 | 4,310.8 |
| 9 | Fubon Hyundai | 5,071.4 | 5,518.2 | 3,145.8 | 4,065.8 | 4,045.8 | 2,224.7 | 1,029.7 | 587.1 | 829.5 |
| 10 | MetLife | 3,258.9 | 3,107.9 | 3,208.8 | 3,405.0 | 3,338.9 | 3,411.4 | 3,276.2 | 2,310.6 | 3,146.5 |
| 11 | IBK | 2,581.2 | 2,486.7 | 1,914.5 | 1,769.5 | 1,238.7 | 1,089.8 | 788.6 | 396.7 | 607.0 |
| 12 | LINA | 2,685.2 | 2,507.5 | 2,459.0 | 2,365.3 | 2,244.1 | 1,844.7 | 1,646.9 | 1,131.8 | 1,336.2 |
| 13 | ABL | 2,836.6 | 2,339.0 | 2,392.0 | 2,977.6 | 1,681.4 | 2,135.6 | 2,305.7 | 1,456.9 | 2,526.4 |
| 14 | KDB | 2,690.6 | 2,724.1 | 2,901.5 | 3,297.3 | 3,789.6 | 3,288.9 | 2,781.5 | 2,086.1 | 3,221.2 |
| 15 | Prudential | 2,740.1 | 2,479.4 | 2,098.3 | 2,068.0 | 2,026.4 | 1,840.9 | 1,725.7 | 1,226.4 | 1,777.0 |
| 16 | KB | 1,930.6 | 1,412.0 | 1,741.3 | 1,245.9 | 1,291.7 | 1,603.6 | 1,301.0 | 957.6 | 1,680.2 |
| 17 | AIA | 2,211.1 | 2,427.0 | 2,384.8 | 2,322.9 | 2,321.9 | 2,440.7 | 2,591.5 | 1,731.4 | 2,384.1 |
| 18 | DB | 1,893.6 | 1,945.8 | 1,882.0 | 1,909.1 | 2,212.6 | 1,930.5 | 1,712.6 | 1,241.1 | 1,678.3 |
| 19 | Hana | 814.0 | 763.9 | 574.8 | 527.0 | 642.5 | 619.5 | 540.4 | 355.3 | 456.8 |
| 20 | DGB | 941.7 | 811.4 | 1,007.2 | 848.1 | 884.3 | 949.2 | 1,070.8 | 831.6 | 1,186.6 |
| 21 | Kyobo Life Planet | 183.4 | 145.8 | 113.3 | 53.1 | 26.7 | 10.2 | 2.5 | 0.1 | – |
| 22 | BNP Paribas Cardif | 339.3 | 301.0 | 212.7 | 253.3 | 230.0 | 603.5 | 631.1 | 363.5 | 827.3 |
| 23 | Chubb Life | 256.1 | 324.9 | 325.5 | 286.6 | 310.5 | 388.5 | 292.9 | 206.2 | 249.4 |
| Total | 119,587.2 | 117,262.4 | 110,843.1 | 113,973.5 | 119,811.2 | 117,213.7 | 110,575.3 | 77,236.7 | 115,308.6 | |