Hanwha Life Insurance Co Ltd - Company Profile
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Hanwha Life Insurance Co Ltd (Hanwha Life Insurance) is a life insurance company. The company offers a range of life insurance products to both individuals and corporate customers. It offers insurance products for whole life, critical illness, disability, child, annuities, group life, retirement annuities, and employee welfare and benefit plans. The company offers investment management and risk management services. The company distributes its products through regional headquarters and branches in South Korea. It also operates subsidiaries and representative offices in the US, the UAE, Japan, China, Vietnam, and Indonesia. Hanwha Life Insurance is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
50, 63-Ro, 63 Hanwha Life Bldg., Seoul, 07345
Website
www.hanwhalife.com
Telephone
82 2 15886363
No of Employees
3,739
Industry
Financial Services
Ticker Symbol & Exchange
088350 (KRX)
Revenue (2024)
$7.2B
-2.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2.8%
(2024 vs 2023)
Market Cap*
$2.8B
Net Profit Margin (2024)
XYZ
-0.1%
(2024 vs 2023)
* As of and is in US$
Hanwha Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Whole Life Insurance | Claims Settlement | Hanwha |
| Critical Illness Insurance | Health Care | |
| Disability Insurance | Risk Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In September, the company introduced the new trust service for personalized death benefit disbursements. |
| 2025 | Acquisitions/Mergers/Takeovers | In June, the company acquired a 40% stake in Nobu Bank from Lippo Group, a multinational conglomerate company. |
| 2025 | Contracts/Agreements | In January, the company entered into a partnership with SBVA and Celadon Partners to improve its AI and ICT capabilities. |
Competitor Comparison
| Key Parameters | Hanwha Life Insurance Co Ltd | Kyobo Life Insurance Co Ltd | Samsung Life Insurance Co Ltd | Tongyang Life Insurance Co Ltd | AIA Life Korea |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | Seoul | Seoul | Seoul | Seoul | Seoul |
| No. of Employees | 3,739 | - | 5,348 | 847 | - |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Seung-Joo Yeo | Director; Chief Executive Officer | Executive Board | 2019 | - |
| Seong-Yeol Lim | Director | Non Executive Board | - | - |
| In-Sill, Lee | Director | Non Executive Board | - | - |
| Soon-Seop, Jeong | Director | Non Executive Board | - | - |
| Chung Ho Shin | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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