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Samsung Life Insurance

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Corporate Statistics
Samsung Life Insurance Co., Ltd. logo
Worker Rights Human Rights Political Influence Environmental Business Ethics

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Samsung Life Insurance Co., Ltd.

150 Taepyung-ro 2-ga, Jung-gu Seoul, South Korea
100-716
+82-2-1588-3114
http://www.samsunglife.com/

Type:

Public

Samsung Life Insurance is the Korean insurance dragon. As South Korea's largest insurance company (with a commanding market share upwards of one-third) and a part of the Samsung chaebol, the company offers insurance (life, health, and accident), asset management, retirement products (annuities and pensions), and financial products, including mortgage loans. Samsung Life sells both individual and group life insurance through a vast branch network and more than 30,000 salespeople. Reaching beyond Korea, the company has operations in China, India, Japan, Thailand, the UK, and the US. Non-life, or property/casualty insurance is offered by its sister company Samsung Fire & Marine. [1]

Contents

[edit] Criticism

[edit] Business Ethics

  • Scandal-Plagued Samsung Chairman Quits:"...[Chairman] Lee Kun Hee [was accused] of owning some $4.5 billion worth of stock in Samsung Life, Samsung Electronics and other companies that were hidden in nearly 1,200 brokerage accounts in the name of former and current executives. Such holdings, prosecutors say, were kept secret to avoid paying hefty taxes."

[edit] Praise

[edit] Brands & Subsidiaries

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