Samsung Life Insurance
#1421
Rank
$12.3B
Marketcap
South Korea
Country
Mr. Young-Muk Jeon (Pres & CEO & Internal Director)
Mr. Jong-Moon Park (Managing Director)
Mr. Ho-Seok Yu (VP & Head of Asset Management Division)
Summary
History
Founded in 1957, the company quickly grew and attained a market leading position after just 18 months of operations. Since then, Samsung Life Insurance has maintained its market leadership in the industry through product innovation, marketing, and distribution. In particular, the growth was accelerated after the company was incorporated under Samsung Group in 1963.In 1986, the company opened representative offices in New York and Tokyo. It has also expanded in overseas operation through a joint venture in Thailand in 1997 and China in 2005. The company was the first life insurance company in Korea to achieve KRW 100 Trillion Won in assets in 2006. On May 12, 2010, Samsung Life Insurance went public and the shares went for 110,000 won, or $96/share in one of the largest initial offerings and a record for the country, raising $4.4 billion.
Mission
Vision
Key Team
In Chul Choi (MD & Head of First Planning Team)
Mr. Kyung-Bok Lee (Chief of Financial Affairs Team & Exec. Director)
Jun-Kun Lee (Internal Accounting Control System Officer)
In Hwan Kim (Head of Investor Relations)
Jong Wook Jung (Chief Legal & Compliance Officer and MD)
Mr. Chang-Woo Byun (Marketing Division Head and Sr. VP)
Mr. Jong-Guk Shim (VP of Sales Division)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Samsung_Life_Insurance
https://in.investing.com/equities/samsung-life-company-profile
https://finance.yahoo.com/quote/032830.KS/profile?p=032830.KS
https://www.comparably.com/companies/samsung-electronics
https://www.crunchbase.com/organization/samsung-life-insurance
Mr. Young-Muk Jeon (Pres & CEO & Internal Director)
Mr. Jong-Moon Park (Managing Director)
Mr. Ho-Seok Yu (VP & Head of Asset Management Division)
