Research and Markets: Market Research: Life Insurance in South Korea, Key Trends and Opportunities to 2017

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Research and Markets ( has announced the addition of the "Life Insurance in South Korea, Key Trends and Opportunities to 2017" report to their offering.

In terms of written premium value, the South Korean life insurance segment is the eighth-largest life insurance segment in the world. The segment plays a key role in the development of financial services and, despite the challenges of the financial crisis, recorded robust growth during the review period. Its written premium value increased from KRW80.0 trillion (US$72.6 billion) in 2008 to KRW100.2 trillion (US$89.0 billion) in 2012, at a CAGR of 5.8%.

Consumer preference for long-term life insurance products supported the segment's growth during the review period. South Korea has a developed life insurance segment which is slowly moving towards saturation. In 2013, ING sold its life insurance unit to MBK, the largest private equity group in South Korea.

The report provides in depth market analysis, information and insights into the South Korean life insurance segment

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Regional Market Dynamics

4 Life Insurance Segment - Regional Benchmarking

5 South Korean Insurance Industry Attractiveness

6 Life Insurance Outlook

7 Analysis by Distribution Channel

8 Porter's Five Forces Analysis - South Korean Life Insurance

9 Reinsurance Growth Dynamics and Challenges

10 Governance, Risk and Compliance

11 Competitive Landscape and Strategic Insights

12 Business Environment and Country Risk

13 Appendix

List of Tables

List of Figures

Companies Mentioned

Samsung Life Insurance Co. Ltd

Hanwha Life Insurance Co. Ltd

Kyobo Life Insurance Co. Ltd

Mirae Asset Life Insurance Co. Ltd

Shinhan Life Insurance Co. Ltd

ING Life Insurance Korea Ltd

Tong Yang Life Insurance Co. Ltd

Heungkuk Life Insurance Co. Ltd

MetLife Insurance Co. of Korea Ltd

Allianz Life Insurance Co. Ltd

For more information visit

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Research and Markets
Laura Wood, Senior Manager.
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Sector: Life Insurance


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