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Life and non-life insurance penetration in South Korea from 2018 to 2023

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Source

Release date

March 2025

Region

South Korea

Survey time period

2018 to 2023

Supplementary notes

The release date used here is the access date.

Citation formats

Insurance penetration South Korea 2018-2023

Published by Jenny Yang, Mar 31, 2025

In 2023, the penetration of life and non-life insurance in South Korea reached about *** percent, a slight decrease from the previous year. Life insurance penetration stood at **** percent and non-life insurance at **** percent.

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Statistics on " Insurance industry in South Korea "

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Other statistics that may interest you Insurance industry in South Korea

Global overview

4

Domestic insurance market

6

Life insurance

4

Non-life insurance

4

Leading life insurers

6

Leading non-life insurers

6

Customer perspective

4

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Topics

Insurance industry in South KoreaHealthcare in South Korea Health insurance in South KoreaAging population in South KoreaElderly care in South Korea
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* For commercial use only

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