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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 FY2013
(KRW million)
FY2014
(KRW million)
FY2015
 (KRW million)  (USD 1,000)
Direct Premium 8,028,387 11,202,536 12,119,372 10,716,075
Net Premium 7,301,251 10,291,724 11,062,584 9,781,652
Earned Premium 7,250,896 10,157,144 10,975,573 9,704,716
         
Underwriting Income (201,514) (455,401) (557,624) (493,057)
Investment Income 486,614 777,415 852,085 753,423
Total Operating Income 285,100 322,014 294,462 260,366
Net Income 191,516 233,337 203,309 179,768
         
Total Assets 23,334,547 27,647,716 32,291,611 27,552,569
Invested Assets 18,618,611 21,933,236 26,228,639 22,379,385
Total Shareholder's Equity 1,980,598 2,312,622 2,434,663 2,077,358
         

Note:
  1. Application of FY2015 Closing Account Exchange Rate: PL basic rate 1,172.00:US$1 / BS basic rate 1,130.95:US$1
  2. K-IFRS has been applied
  3. FY2013 period: 2013.4.1 ~ 2013.12.31 (9 months)
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 June 1, 2013)
  • Headquarter:
    1 Center / 48 Departments / 4 Teams/ 1 Institute
  • Domestic Locations:
    57 Branches / 5 Sales Departments / 8 Support Departments
  • Claims Support:
    14 Claims Service Centers
SUSTAINABILITY
RATINGS
  • Awarded an “A“ (Excellent) rating by A.M. Best since 2012
  • Awarded an "A-" (Stable) rating by S&P on June 26th 2013
ACCOLADES