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
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 August 24, 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 August 24, 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: August 24, 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 August 24, 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/