Total assets of life insurance companies South Korea 1988-2023

Published by L. Yoon, Apr 2, 2025

In 2023, the total assets of life insurance companies in South Korea amounted to around 881 trillion South Korean won. The total assets of life insurers have steadily increased over the past decade but have shown a declining trend since 2022.

Total assets of life insurance companies in South Korea from 1988 to 2023 (in trillion South Korean won)

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Release date

March 2025

Region

South Korea

Survey time period

1988 to 2023

Supplementary notes

Figures prior to 2019 are based on previous reports.

1,000 South Korean won equals 0.68 U.S. dollars or 0.63 euros as of April 2025.

Figures have been rounded.

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