In 2023, the largest share of the South Korean non-life insurance market was held by Samsung Fire & Marine, which accounted for about 22 percent of the market. DB Insurance and Hyundai Marine & Fire followed with around 17 and 15 percent respectively. The five leading non-life insurers had a combined share of 77.7 percent of the South Korean non-life insurance market.
Market share of leading non-life insurance companies in South Korea in 2023
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Korea Insurance Research Institute. (September 30, 2024). Market share of leading non-life insurance companies in South Korea in 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/
Korea Insurance Research Institute. "Market share of leading non-life insurance companies in South Korea in 2023." Chart. September 30, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/
Korea Insurance Research Institute. (2024). Market share of leading non-life insurance companies in South Korea in 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/
Korea Insurance Research Institute. "Market Share of Leading Non-life Insurance Companies in South Korea in 2023." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/
Korea Insurance Research Institute, Market share of leading non-life insurance companies in South Korea in 2023 Statista, https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/ (last visited December 22, 2024)
Market share of leading non-life insurance companies in South Korea in 2023 [Graph], Korea Insurance Research Institute, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1307860/south-korea-largest-non-life-insurers-by-market-share/