South Korea Insurance Statistics
Korea Life Insurance: Business in Force
Life Insurance: Business in Force data was reported at 2,436,508.100 KRW bn in Aug 2018. This records a decrease from the previous number of 2,437,532.900 KRW bn for Jul 2018. Life Insurance: Business in Force data is updated monthly, averaging 1,005,555.670 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 2,453,983.300 KRW bn in Aug 2017 and a record low of 47,289.800 KRW bn in Mar 1984. Life Insurance: Business in Force data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 2,443,372.30 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Business in Force from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Claim
Life Insurance: Claim data was reported at 39,469.800 KRW bn in Aug 2018. This records an increase from the previous number of 34,413.000 KRW bn for Jul 2018. Life Insurance: Claim data is updated monthly, averaging 11,397.200 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 52,295.100 KRW bn in Dec 2017 and a record low of 116.000 KRW bn in Apr 1984. Life Insurance: Claim data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 10,052.60 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Claim from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Management Expense
Life Insurance: Management Expense data was reported at 6,699.000 KRW bn in Aug 2018. This records an increase from the previous number of 5,683.300 KRW bn for Jul 2018. Life Insurance: Management Expense data is updated monthly, averaging 2,295.776 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 8,676.200 KRW bn in Dec 2017 and a record low of 30.300 KRW bn in Apr 1984. Life Insurance: Management Expense data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 1,970.40 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Management Expense from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: New Business
Life Insurance: New Business data was reported at 224,100.100 KRW bn in Sep 2018. This records an increase from the previous number of 202,897.600 KRW bn for Aug 2018. Life Insurance: New Business data is updated monthly, averaging 150,287.600 KRW bn from Jan 1984 (Median) to Sep 2018, with 416 observations. The data reached an all-time high of 672,925.700 KRW bn in Mar 1996 and a record low of 3,222.700 KRW bn in Apr 1984. Life Insurance: New Business data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 55,120.70 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: New Business from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Policy Reserve
Life Insurance: Policy Reserve data was reported at 600,021.100 KRW bn in Sep 2018. This records an increase from the previous number of 598,294.200 KRW bn for Aug 2018. Life Insurance: Policy Reserve data is updated monthly, averaging 106,273.100 KRW bn from Jan 1984 (Median) to Sep 2018, with 417 observations. The data reached an all-time high of 600,021.100 KRW bn in Sep 2018 and a record low of 2,441.300 KRW bn in Feb 1984. Life Insurance: Policy Reserve data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 586,714.80 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Policy Reserve from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Surrenders & Lapses
Life Insurance: Surrenders & Lapses data was reported at 173,998.200 KRW bn in Sep 2018. This records an increase from the previous number of 156,747.000 KRW bn for Aug 2018. Life Insurance: Surrenders & Lapses data is updated monthly, averaging 92,265.350 KRW bn from Jan 1984 (Median) to Sep 2018, with 416 observations. The data reached an all-time high of 453,182.100 KRW bn in Mar 1996 and a record low of 2,888.700 KRW bn in Apr 1985. Life Insurance: Surrenders & Lapses data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 40,015.40 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Surrenders & Lapses from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Total Asset
Life Insurance: Total Asset data was reported at 851,327.100 KRW bn in Sep 2018. This records an increase from the previous number of 850,688.700 KRW bn for Aug 2018. Life Insurance: Total Asset data is updated monthly, averaging 122,395.200 KRW bn from Jan 1984 (Median) to Sep 2018, with 417 observations. The data reached an all-time high of 851,327.100 KRW bn in Sep 2018 and a record low of 3,493.100 KRW bn in Jan 1984. Life Insurance: Total Asset data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 828,147.80 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Total Asset from Jan 1984 to Feb 2018 in the chart:
Korea Life Insurance: Working Asset
Life Insurance: Working Asset data was reported at 675,038.600 KRW bn in Aug 2018. This records an increase from the previous number of 668,869.900 KRW bn for Jul 2018. Life Insurance: Working Asset data is updated monthly, averaging 101,021.400 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 675,038.600 KRW bn in Aug 2018 and a record low of 3,369.200 KRW bn in Jan 1984. Life Insurance: Working Asset data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 649,728.20 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Life Insurance: Working Asset from Jan 1984 to Feb 2018 in the chart:
Korea Non Life Insurance: Incurred Losses
Non Life Insurance: Incurred Losses data was reported at 42,579.800 KRW bn in Aug 2018. This records an increase from the previous number of 37,001.700 KRW bn for Jul 2018. Non Life Insurance: Incurred Losses data is updated monthly, averaging 13,353.300 KRW bn from Feb 2000 (Median) to Aug 2018, with 223 observations. The data reached an all-time high of 62,872.200 KRW bn in Dec 2017 and a record low of 845.694 KRW bn in Apr 2001. Non Life Insurance: Incurred Losses data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 10,423.30 Feb 2018 | monthly | Feb 2000 - Feb 2018 |
View South Korea's Korea Non Life Insurance: Incurred Losses from Feb 2000 to Feb 2018 in the chart:
Korea Non Life Insurance: Premium: Earned
Non Life Insurance: Premium: Earned data was reported at 52,015.000 KRW bn in Aug 2018. This records an increase from the previous number of 45,316.400 KRW bn for Jul 2018. Non Life Insurance: Premium: Earned data is updated monthly, averaging 6,794.700 KRW bn from Jan 1984 (Median) to Aug 2018, with 411 observations. The data reached an all-time high of 76,754.700 KRW bn in Dec 2017 and a record low of 62.000 KRW bn in Apr 1984. Non Life Insurance: Premium: Earned data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 12,562.10 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Non Life Insurance: Premium: Earned from Jan 1984 to Feb 2018 in the chart:
Korea Non Life Insurance: Total Asset
Non Life Insurance: Total Asset data was reported at 289,384.200 KRW bn in Aug 2018. This records an increase from the previous number of 285,461.300 KRW bn for Jul 2018. Non Life Insurance: Total Asset data is updated monthly, averaging 28,979.500 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 289,384.200 KRW bn in Aug 2018 and a record low of 1,012.200 KRW bn in Feb 1984. Non Life Insurance: Total Asset data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 276,887.40 Feb 2018 | monthly | Jan 1984 - Feb 2018 |
View South Korea's Korea Non Life Insurance: Total Asset from Jan 1984 to Feb 2018 in the chart:
Korea Non Life Insurance: Working Asset
Non Life Insurance: Working Asset data was reported at 234,926.000 KRW bn in Aug 2018. This records an increase from the previous number of 231,615.000 KRW bn for Jul 2018. Non Life Insurance: Working Asset data is updated monthly, averaging 22,865.350 KRW bn from Jan 1984 (Median) to Aug 2018, with 416 observations. The data reached an all-time high of 234,926.000 KRW bn in Aug 2018 and a record low of 617.200 KRW bn in Feb 1984. Non Life Insurance: Working Asset data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s Korea – Table KR.Z030: Insurance Statistics.
| Last | Frequency | Range |
|---|---|---|
| 222,824.20 Feb 2018 | monthly | Jan 1984 - Feb 2018 |