Type Public Predecessor Korea Life Insurance Headquarters Seoul, South Korea Parent organization Hanwha | Traded as KRX: 088350 Key people Cha, Nam Gyu (CEO) Founded 9 September 1946 | |
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Products Life Insurance, Health Insurance, Annuities Revenue US$ 9.5 bn (2013, 9months) Stock price 088350 (KRX) ₩ 6,170 -110.00 (-1.75%)16 Mar, 1:33 PM GMT+9 - Disclaimer Subsidiaries Hanwha Damage Insurance |
Hanwha Life Introduction
Hanwha Life Insurance Co., Ltd. (KRX: 088350) is the first life insurance company of Korea.
Contents
Founded on September 9, 1946, Hanwha Life Insurance Co., Ltd. is based on Hanwha finance center 63 in Yeouido, a landmark building of Seoul.
Korea Life Insurance, the former Hanwha Life Insurance, changed its name into Hanwha Life Insurance in October 2012.
Main commodities are protection type insurance including Whole Life Insurance and Critical Illness Insurance; savings type insurance including Annuity; and others. In addition, Hanwha Life Insurance serves individual asset management through trust commodities. It also sells retirement pension, accident and health insurance and group insurance to companies and has sales channels including individual agents (Financial Planner), Bancassurance through agencies of banks and an internet sales channel, Onsure (www.onsure.co.kr).
Hanwha Life Insurance is Korea’s second largest life insurance company with assets of 81 trillion won (as of November 2013), for which 28,000 financial planners and employees are working. As of January, 2014, 7 local headquarters, 65 regional offices and 605 branches are operating. (Based on individual agents)
Key Statistics (FY 2013)
Social Contribution
"Teenagers" growing together : Making an investment in teenagers, which are driving force of the future generation, it has supported sound future of Korea.
- Happy Friends teenagers service group, World Child Baduk Championship, employees/university students economic education program,
building economy library, Hanwha Arts Plus"Life" protected together : Through life respect projects, suitable for the essence of a life insurance company, it has fulfilled respect and love for human.
- ‘Healing camp’ for patients with chronic renal insufficiency, Mom’s Care service group, premature babies support project
"Local community" living together : Building local communities where people grow together and enjoy living.
- Hanwha Life Insurance support corps, one company for one village/urban-rural exchange program, emergency relief,
caring for senior citizen who lives alone"Culture/Environment" harmonizing together : It has contributed to mental health and prosperity of culture through culture and art.
- Seoul International Fireworks Festival, symphony festival, visiting concert