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Korean Reinsurance

TypeListed South Korean life and non-life reinsurance companyHeadquarters / anchor marketSouth KoreaLinesLife and healthProperty and casualtyReinsuranceThemesCompany referencesInsurance groupsSource reviewLast reviewed

Korean Reinsurance is a listed South Korean life and non-life reinsurance company, headquartered in South Korea. Korean Re is an Asia-headquartered specialist reinsurer with life and non-life books and a global branch network, reporting under K-IFRS in Korean won.

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Business And Entity Overview

Korean Re's official English FY2025 annual report and fact book provide direct English-language reporting; its management page and the FSS DART company record preserve standalone-versus-consolidated and listed-entity context. Group, parent-company, segment, and legal-entity figures below apply only to the perimeter stated in each disclosure; they do not automatically apply to every licensed insurer, branch, brand, or subsidiary.

Financial And Reporting Context

  • 2025 Korean Re Annual Report / annual report (FY2025, year ended 2025-12-31; published 2026-04-27). FY2025 consolidated insurance revenue (gross) was KRW 4,975.8 billion, insurance service result (net) KRW 226.5 billion, and net income KRW 322.0 billion; total assets at 2025-12-31 were KRW 14,259.8 billion, the K-ICS ratio was 197.8%, and the combined ratio was 91.2%. Scope: Korean Re consolidated reporting under K-IFRS. Values are consolidated and in KRW billions. The combined-ratio denominator is net insurance service expenses over net insurance revenue, and the 2024 comparator was restated to exclude other insurance expenses.
  • 2025 English Fact Book / operating fact book (FY2025, year ended 2025-12-31; published 2026-04-27). The FY2025 fact book reports gross written premium of KRW 8,220.8 billion and net income of KRW 322.0 billion, alongside insurance revenue of KRW 4,975.8 billion and a combined ratio of 91.2%. Scope: Korean Re consolidated financial and operating highlights. Values are reported in KRW billions, and the fact book distinguishes gross and net measures and defines its combined ratio; repeated annual-report values corroborate rather than add to the reported metrics.
  • Management Information / financial disclosure (Company financial summary). The management page provides a separately scoped company-level financial summary and management information for reconciliation with the audited group report. Scope: Korean Re standalone company summary unless the page labels a consolidated measure. Standalone summary values and consolidated FY2025 figures use different reporting perimeters and are not interchangeable.
  • Korean Re DART Company Record / regulatory filing (Listed-company record). The FSS company record identifies Korean Reinsurance Company as KOSPI-listed code 003690, in the reinsurance industry, with a December fiscal year-end. Scope: Korean Reinsurance Company listed-entity identity. This identity record is not itself the FY2025 annual filing and does not supply consolidated financial values.

Entity Boundary

Korean Reinsurance Company is the listed Korean parent; consolidated figures apply only where stated. Overseas branches, subsidiaries, and separately regulated operations retain their own legal, geographic, and capital scopes. KRW-billion units, K-IFRS labels, parent-versus-consolidated scope, combined-ratio definitions, comparator restatements, and branch or subsidiary identity determine how the figures can be compared.

Lines And Geographic Context

Korean Reinsurance is linked to Reinsurance, Property and Casualty, Life and Health. South Korea is its home jurisdiction; activities elsewhere are reported through the relevant segment or legal entity.