Samsung Life Insurance Co Ltd - Company Profile
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Samsung Life Insurance Co Ltd (Samsung Life) operates in the financial services sector. Its main activities include offering a wide range of insurance products, pension and savings plans, and loan services. The company's product portfolio includes direct insurance, pension insurance, health insurance, cancer treatment insurance, and various types of loans, such as credit loans and secured loans. It also provides retirement pension products and fund management services. The company's services serve individuals seeking financial protection and growth, covering various aspects of life, health, property, and retirement planning. Samsung Life is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
11, Seocho-Daero 74-Gil, Seocho-Gu, Seoul, 06620
Website
www.samsunglife.com
Telephone
82 2 15883114
No of Employees
5,348
Industry
Financial Services
Ticker Symbol & Exchange
032830 (KRX)
Revenue (2024)
$10.7B
35.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
9.3%
(2024 vs 2023)
Market Cap*
$52.2B
Net Profit Margin (2025)
XYZ
-19.5%
(2024 vs 2023)
* As of and is in US$
Samsung Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Insurance: | Loan Management |
| Savings | Pension Services |
| Pension | Financing |
| 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 | Plans/Strategy | In October, the company announced its plans to invest in Samsung NobleLife Inc. |
| 2025 | Plans/Strategy | In September, the company announced its plans to sell the Samsung Golden Whole Life Insurance (non-participating, with guarantee cost charges). |
| 2025 | Contracts/Agreements | In September, the company entered into an agreement to acquire a minority stake in Hayfin from Arctos Partners, a private equity platform. |
Competitor Comparison
| Key Parameters | Samsung Life Insurance Co Ltd | Shinhan Financial Group Co Ltd | Kyobo Life Insurance Co Ltd | Hanwha Life Insurance Co Ltd | Tongyang Life Insurance Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | Seoul | - | Seoul | Seoul | Seoul |
| No. of Employees | 5,348 | 21,689 | - | 3,739 | 847 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hong Won-Hak | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Yoo Il Ho | Chairman | Non Executive Board | 2022 | - |
| Kim Woo-Seok | Director; Vice President - Asset Management Division | Executive Board | 2024 | - |
| Lee Ju-Kyung | Director; Vice President - Management Support Office | Executive Board | 2024 | - |
| Lee Seung-Ho | President | Senior Management | 2025 | - |
| 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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