Life insurance penetration ratio South Korea 2016-2022

Published by L. Yoon, Jul 1, 2024
In 2022, life insurance penetration in South Korea amounted to about 5.4 percent, which was a decrease compared to the previous year. The overall insurance penetration in South Korea stood at 11.1 percent that year.

Penetration rate of life insurance in South Korea from 2016 to 2022

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Release date

September 2023

Region

South Korea

Survey time period

2016 to 2022

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