logo
logo
 
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
FY2015
(USD 1,000)
FY2016
(USD 1,000)
FY2017
(USD 1,000)
FY2018
(USD 1,000)
Direct Premium 10,715,625.00 11,125,343.00 11,340,461.00 11,796,740.00
Net Premium 9,781,241.00 10,091,627.00 10,346,206.00 10,776,586.00
Earned Premium 9,704,308.00 9,951,687.00 10,197,070.00 10,694,458.00
         
Underwriting Income (493,036.00) (369,836.00) (335,987.00) (520,912.00)
Investment Income 753,391.00 848,845.00 901,942.00 988,354.00
Total Operating Income 260,355.00 479,009.00 565,955.00 467,442.00
Net Income 179,760.00 353,411.00 418,026.00 326,313.00
         
Total Assets 28,551,380.00 32,406,928.00 37,448,319.00 39,101,511.00
Invested Assets 23,190,662.00 26,209,254.00 30,285,769.00 32,028,146.00
Total Shareholder's Equity 2,152,664.00 2,438,652.00 2,895,917.00 3,679,069.00
         

Note:
  1. Based on the exchange rate for settlement in 2018: PL basic rate is 1,100.16:US$1 / BS basic rate is 1,118.10: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.
policyholder login broker login

firsty
HYUNDAI


CEO
VISION
ORGANIZATION (As of March 2019)
  • Headquarter:
    • 75 Departments
    • 1 Research Center
    • 3 Teams
  • Domestic Locations:
    • 7 Regional Headquarters
    • 1 Agency Management Headquarters
    • 54 Business Departments
    • 8 Support Departments
  • Claims Center:
    • 12 Automobile Claim Departments
    • 1 Front Guard Claims Department
    • 2 Long-Term Insurance Claims Departsments
SUSTAINABILITY
RATING
  • Awarded an "A" (Stable) rating by Fitch as of April 2019
  • Awarded an “A-“ (Positive) rating by S&P as of July 2019
  • Awarded an "A" (Stable) rating by A.M. Best as of June 2019
ACCOLADES