Non-life insurance premiums written South Korea 2002-2023

Published by L. Yoon, May 9, 2025

In 2023, the value of premiums written by non-life insurance companies in South Korea amounted to about **** trillion South Korean won. This was an increase from about **** trillion won in the previous year. Over the past 20 years, the South Korean non-life insurance industry has grown more than sixfold.

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Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won)

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Release date

June 2024

Region

South Korea

Survey time period

2002 to 2023

Supplementary notes

*Preliminary.

Based on the financial reports of insurance companies.

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