As of September 2024, ** life and ** non-life insurance companies were operating in the South Korean insurance market. The number of insurance companies in South Korea has declined over the past decade.
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Financial Supervisory Service. (March 28, 2025). Number of insurance companies in South Korea from 2016 to 2024, by type [Graph]. In Statista. Retrieved May 18, 2025, from https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/
Financial Supervisory Service. "Number of insurance companies in South Korea from 2016 to 2024, by type." Chart. March 28, 2025. Statista. Accessed May 18, 2025. https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/
Financial Supervisory Service. (2025). Number of insurance companies in South Korea from 2016 to 2024, by type. Statista. Statista Inc.. Accessed: May 18, 2025. https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/
Financial Supervisory Service. "Number of Insurance Companies in South Korea from 2016 to 2024, by Type." Statista, Statista Inc., 28 Mar 2025, https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/
Financial Supervisory Service, Number of insurance companies in South Korea from 2016 to 2024, by type Statista, https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/ (last visited May 18, 2025)
Number of insurance companies in South Korea from 2016 to 2024, by type [Graph], Financial Supervisory Service, March 28, 2025. [Online]. Available: https://www.statista.com/statistics/1307764/south-korea-number-of-insurance-companies-by-type/