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 ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /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. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /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. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /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." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 28 Mar 2025, /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 ÌÇÐÄÆÆ½â°æ, /statistics/1307764/south-korea-number-of-insurance-companies-by-type/ (last visited August 04, 2026)
Number of insurance companies in South Korea from 2016 to 2024, by type [Graph], Financial Supervisory Service, March 28, 2025. [Online]. Available: /statistics/1307764/south-korea-number-of-insurance-companies-by-type/