Kyobo Life Insurance

Kyobo Life Insurance, based in Seoul, South Korea, is a prominent financial services provider offering life, health, variable insurance, pension, retirement plans, and asset management products. Originally founded as Daehan Kyoyuk Insurance, the company is recognized as one of South Korea's top three life insurers, having pioneered the nation's first education insurance policy to support families saving for higher education. As of 2018, it managed over 100 trillion won in combined assets and served 4.3 million policyholders across 8.5 million contracts. The organization maintains a workforce of 3,839 employees and operates under the leadership of Chairman and CEO Shin Chang-jae. Kyobo Life Insurance was established in 1958 by founder Shin Yong-ho. Its business model centers on earns revenue through premiums on life insurance policies and related financial products.