About DB Non-life Insurance
DB Non-life Insurance is a company based in Seoul (South Korea) founded in 1968.. The company has 4,700 employees as of December 31, 2024. DB Non-life Insurance has completed 2 acquisitions, including Fortegra and Vietnam National Aviation Insurance. DB Non-life Insurance offers products and services including Potatoes and Grain Marketing.
- Headquarter Seoul, South Korea
- Employees 4700 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Db Insurance Co. Ltd
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Annual Revenue
$12.46 B (USD)11.25as on Dec 31, 2024
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Net Profit
$1.25 B (USD)6.5as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
4700
as on Dec 31, 2024
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Investments & Acquisitions
Fortegra
& 1 more
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IPO & Listings of DB Non-life Insurance
DB Non-life Insurance is a publicly listed company on the KRX with ticker symbol 005830 in South Korea, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of DB Non-life Insurance
DB Non-life Insurance offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Potatoes are farmed and sold for food and industrial uses by Maine Potato Growers.
Grains are promoted and distributed from farms by Maine Potato Growers.
Funding Insights of DB Non-life Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by DB Non-life Insurance
DB Non-life Insurance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fortegra and Vietnam National Aviation Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Specialty insurance and warranty solutions are provided to partners.
|
1978 | ||||
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Provider of property & casualty insurance services
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - DB Non-life Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Db Non-Life Insurance Comparisons
Competitors of DB Non-life Insurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Db Non-Life Insurance
Frequently Asked Questions about DB Non-life Insurance
When was DB Non-life Insurance founded?
DB Non-life Insurance was founded in 1968.
Where is DB Non-life Insurance located?
DB Non-life Insurance is headquartered in Seoul, South Korea.
How many employees does DB Non-life Insurance have?
As of Dec 31, 2024, the latest employee count at DB Non-life Insurance is 4,700.
What is the annual revenue of DB Non-life Insurance?
Annual revenue of DB Non-life Insurance is $12.46B as on Dec 31, 2024.
What does DB Non-life Insurance do?
DB Non-life Insurance was established in 1968 in Seoul, South Korea. Non-life insurance coverage, particularly for automobiles, is offered alongside life insurance products. Operations are centered in the South Korean market, where policies are issued through the domain idbins.com. The company functions within the insurance sector, handling claims and underwriting for various risks. Geographic focus remains on domestic clients in urban and regional areas.
What products or services does DB Non-life Insurance offer?
DB Non-life Insurance offers Potatoes and Grain Marketing.
Is DB Non-life Insurance publicly traded?
Yes, DB Non-life Insurance is publicly traded on KRX under the ticker symbol 005830.
How many acquisitions has DB Non-life Insurance made?
DB Non-life Insurance has made 2 acquisitions, including Fortegra, and Vietnam National Aviation Insurance.
What is DB Non-life Insurance's ticker symbol?
The ticker symbol of DB Non-life Insurance is 005830 on KRX.