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HYUNDAI
at a Glance

  • Established in 1955 as the first marine insurance company in Korea, with its headquarter in Jongno-gu, Seoul, South Korea.

  • Leading insurance company in the non-life insurance market in South Korea.

  • Plays a pivotal role in globalizing the Korean insurance industry with its overseas networks, including locations in the U.S., the U.K., China, Japan, Singapore and Vietnam.

  • First Korean insurance company to be awarded "The Customer Satisfaction Charter".
FINANCIAL HIGHLIGHTS

Classification FY2014
(KRW million)
FY2015
(KRW million)
FY2016
 (KRW million)  (USD 1,000)
Direct Premium 11,202,536.00 12,119,372.00 12,582,763.00 10,840,038.00
Net Premium 10,291,724.00 11,062,584.00 11,413,631.00 9,832,831.00
Earned Premium 10,157,144.00 10,975,573.00 11,255,358.00 9,696,479.00
         
Underwriting Income (455,401.00) (557,624.00) (418,285.00) (360,352.00)
Investment Income 777,415.00 852,085.00 960,044.00 827,077.00
Total Operating Income 322,014.00 294,462.00 541,759.00 466,725.00
Net Income 233,337.00 203,309.00 399,708.00 344,347.00
         
Total Assets 27,647,716.00 32,291,611.00 36,652,236.00 30,328,701.00
Invested Assets 21,933,236.00 26,228,639.00 29,642,667.00 24,528,479.00
Total Shareholder's Equity 2,312,622.00 2,434,663.00 2,758,116.00 2,282,264.00
         

Note:
  1. Based on the exchange rate for settlement in 2016: PL basic rate is 1,160.77:US$1 / BS basic rate is 1,208.50:US$1
  2. Based on K-IFRS stand-alone financial statements
HYUNDAI
U.S. Branch

Established in February 1994, the U.S. branch deals with advanced insurance products developed based on consumer-oriented principles and new insurance products designed to insure newly emerging risks in the U.S., which leads the world insurance industry.

Hyundai Insurance U.S.Branch offers high-quality insurance services to Korean companies that entered the U.S.
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HYUNDAI


CEO
VISION
ORGANIZATION (As of March 2017)
  • Headquarter:
    1 Center / 75 Departments / 1 Research Center / 2 Teams
  • Domestic Locations:
    7 Regional Headquarters / 2 Agency Management Headquarters / 56 Business Departments / 9 Support Departments
  • Claims Center:
    17 Claims Service Centers
SUSTAINABILITY
RATINGS
  • Awarded an “A“ (Stable) rating by A.M. Best as of March 2017
  • Awarded an "A-" (Stable) rating by S&P as of March 2017
ACCOLADES