September 2026
Largest Insurance Carriers Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Samsung Life Insurance, Samsung Fire & Marine Insurance, DB Insurance, Hanwha Life Insurance and Hyundai Fire & Marine.
 | Samsung Life Insurance Co Ltd is engaged in the life insurance business. It provides a broad mix of insurance, savings and financial services. Its offerings include life, health and pension insurance, along with property-related coverage. It also extends credit and mortgage loans, retirement products, trust services and investment management solutions. These services support customers in protecting their finances and planning for long-term growth across life, health, assets and retirement needs. | $211 | +89% | $38B | $55B | 2.7x | 14.5x | ||
| Samsung Fire & Marine Insurance Co Ltd is a diversified insurance company that focuses on property and casualty insurance. The vast majority of the company's revenue is generated in South Korea. The company considers merger and acquisition investment as a component of its operational growth plan. | $491 | +52% | $20B | $20B | 1.3x | 7.5x | ||
| DB Insurance Co Ltd is an insurance and financial company. It provides a wide range of insurance and financial products, including health, cancer, child, dental, auto, travel, pet, property, and golf insurance, along with pension, savings, and loan services. The company serves individuals, corporates, and institutional clients through prime agents, cross agents, and various other distribution channels. Its operating segments include the Installment finance sector, Life insurance sector, and Non-life insurance sector. It generates the majority of its revenue from the Non-life insurance sector. | $136 | +38% | $8.3B | $9.4B | 0.7x | 4.1x | ||
| Hanwha Life Insurance Co Ltd Provides a range of life and non-life insurance solutions to individuals and corporates in Korea. The company's insurance products consist of life insurance, death insurance, life, and death mixed insurance, group insurance, and others. It is also engaged in the provision of retirement pension and asset management services. | $4 | +84% | $3.1B | $19B | 1.5x | 11.4x | ||
| Hyundai Fire & Marine Insurance Co Ltd is a Korea-based company provides non-life insurance and other related insurance service. The company provides fire insurance, marine insurance, automobile insurance, casualty insurance, surety bond insurance, liability insurance, and others. In addition, it is involved in the consumer lending, building management, damage assessment, call center, education business, asset management and others. | $36 | +77% | $2.8B | $3.6B | 0.3x | 3.1x | ||
| Median | $136 | +77% | $8.3B | $19B | 1.3x | 7.5x |
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