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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Statistics Korea. (June 21, 2024). Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1609300/south-korea-non-life-insurance-market-size/
Statistics Korea. "Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won)." Chart. June 21, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1609300/south-korea-non-life-insurance-market-size/
Statistics Korea. (2024). Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1609300/south-korea-non-life-insurance-market-size/
Statistics Korea. "Value of Non-life Insurance Premiums Written in South Korea from 2002 to 2023 (in Trillion South Korean Won)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 21 Jun 2024, /statistics/1609300/south-korea-non-life-insurance-market-size/
Statistics Korea, Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won) ÌÇÐÄÆÆ½â°æ, /statistics/1609300/south-korea-non-life-insurance-market-size/ (last visited July 30, 2026)
Value of non-life insurance premiums written in South Korea from 2002 to 2023 (in trillion South Korean won) [Graph], Statistics Korea, June 21, 2024. [Online]. Available: /statistics/1609300/south-korea-non-life-insurance-market-size/