Our History
Toward a Global Leader
A global insurance company growing alongside its customers
2024
- June Hosting of "2024 Hanwha Life Signature RUN"
2023
- November Certification of Outstanding Institution for Culture and Arts Sponsorship
- June Hosting of "2023 Hanwha Life Signature RUN"
- May Opening of "Hanwha LIFEPLUS International Crown"
- April Disability Employment Rate Exceeds 100%
- January 2023 Financial Consumer Protection Charter Pledge Ceremony
2022
- December Won an award from the CCM of the Korea Fair Trade Commission
- November Signed an MOU with the Lippo Group in Indonesia
- October Patented an automated signup solution
- March Launched Hanwha Life “Visible” GA World, a web-based automated phone menu
- February Established a corporate governance charter for Hanwha Finance affiliates
2021
- March Establishment of the Sustainability Management Committee
- January Issued the Beyond Coal Declaration with Hanwha financial affiliates
2020
- September Obtained two patents for AI-based claims payment review system from Korean Intellectual Property Office
- June Opened the Consumer Protection Center
2019
- May 7th consecutive Consumer-centered Management(CCM)
- February Obtained AAA Insurance Financial Strength Rating from Korea"s top 3 rating agencies (Korea Ratings, NICE Investors, Korea Investors Service)
2018
- April Launched Hanwha Life Esports(HLE) club
- April Opened DREAMPLUS Gangnam
2017
- July Inducted into the Korea Service Grand Prix Hall of Fame by the Korea Standards Association
- February Obtained AAA Insurance Financial Strength Rating for 10 consecutive years (Korea Ratings, NICE Investors)
- January Hanwha Life China (Sino-Korea Life) made inroads into Jiangsu Province, following Zhejiang Province
2016
- December Signed "Agreement for Co-development of Global Bancassurance · Fintech Markets" with Woori Bank
- October Opened Korea's first fintech center, DREAMPLUS 63
- January Exceeded 100 trillion won in total assets
2015
- November Obtained Personal Information Protection Level (PIPL) for call centers
- May Held 2016 Hanwha Life Annual Awards
- March Opened new electric subscription system, "Smart Planner"
2014
- March Launched "Mom's Care Volunteers" formed by female employees
- February Obtained AAA Insurance Financial Strength Rating from Korea's top 3 rating agencies (Korea Ratings, NICE Investors, Korea Investors Service)
2013
- October Hanwha Life Indonesia begun operations
- August Launched online insurance, "Onsure"
2012
- December Sino-Korea Life, JV with China, begun operations
- November Exceeded 2 trillion won in retirement pension reserves
-
October
Korea Life Insurance changed name to Hanwha Life
Declared the vision "A global insurance company growing alongside its customers"
Change and Innovation
A new start as a member of Hanwha Group
2011
- November Korea Life Insurance received Presidential Commendation from Korea Mecenat Association
2010
- March Listed on the securities market
2009
- April Started insurance operations in Vietnam as the first Korean insurer
2008
- April Exceeded 50 trillion won in total assets, resolving cumulative deficit in full
2007
- January Proclaimed new CI of Hanwha Group
2005
- July Established New York subsidiary
2002
- December Korea Life Insurance incorporated into Hanwha Group
- June Achieved 100% solvency margin (111.0%)
Challenges and Growth
Laying the foundation for stable growth
2001
- September Increased capital stock to 3.55 trillion won
1997
- December Received 1997 Presidential Award for Harmonious Labor-management Relations
1996
- May Reached 10 trillion won in total assets
1986
- December Achieved 1 trillion won in total assets
1985
- May Completed construction of Korea Life Insurance 63 Building, then the tallest in Asia, and opened Medical Examination Center
Foundation and the Leap Forward
The beginning of life insurance in Korea
1979
- November Reached 1 trillion won in in-force contracts
1946
- September Founded as Korea's first life insurance company domiciled on 18, Namdaemun-1ga, Seoul, with a starting capital of 10 million won