Samsung Life Insurance

Samsung Life Insurance
삼성생명
Native name
삼성생명보험 (三星生命保險)
Company typePublic
KRX: 032830
IndustryInsurance
Founded1957; 67 years ago (1957)
HeadquartersSeoul, South Korea
Key people
Jeon Young-muk (CEO)
ProductsLife insurance
Health insurance
Annuities
RevenueIncrease KRW 34.53 trillion (2020)[1]
Increase KRW 1.79 trillion (2020)[1]
Total assetsIncrease KRW 336.6 trillion (2020)[2]
Total equityIncrease KRW 43.61 trillion (2020)[1]
OwnersEstate of Jay Y. Lee (20.32%)
Shinsegae Group (8.07%)
National Pension Service (6.33%)
Number of employees
6,266 (2010)
ParentSamsung
SubsidiariesSamsung Asset Management Co. Ltd.[3]
Websitewww.samsunglife.com

Samsung Life Insurance (Korean삼성생명보험) is a South Korean multinational insurance company headquartered in Seoul, South Korea, and a subsidiary of the Samsung Group. It is the largest insurance company in South Korea and a Fortune Global 500 company.[4][5]

Samsung Life's principal products include life, health insurance and annuities. Samsung Life was a private company from its foundation in 1957 until it went public in May 2010. The IPO was the largest in South Korean history and made Samsung Life one of the country's most valuable companies measured by market capitalization.[6] Its headquarters are situated across from Namdaemun, a historic gate located in the heart of Seoul.

  1. ^ a b c "삼성생명 - 네이버 금융 : 네이버 금융".
  2. ^ "시가총액 : 네이버 금융".
  3. ^ "Our Firm > About Us > Samsung Asset Management". samsungfund.com. Samsung Asset Management Co. Ltd. Retrieved July 9, 2022.
  4. ^ "Fortune Global 500 2009: The World's Biggest Companies". CNN.
  5. ^ Jung, Song (2010-04-25). "Samsung Life IPO generates $4.4bn". FT.com. Retrieved 2012-07-23.
  6. ^ "Samsung Life Rises in IPO". The Wall Street Journal. May 12, 2010.