About Hanwha Life
Hanwha Life is a company based in Seoul (South Korea) founded in 1946.. The company has 2,780 employees as of December 31, 2024. Hanwha Life has completed 3 acquisitions, including PT Lippo General Insurance, People Life and VELOCITY CLEARING. Hanwha Life operates in a competitive market with competitors including Kyobo Life, KDB Life Insurance, Tongyang Life Insurance, Hyundai Life Insurance and Linea Life, among others.
- Headquarter Seoul, South Korea
- Employees 2780 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
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- Legal Name Hanwha Life Insurance Co., Ltd.
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Annual Revenue
$18.99 B (USD)93.08as on Dec 31, 2025
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Net Profit
$554.29 M (USD)12.99as on Dec 31, 2025
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
2780
as on Dec 31, 2024
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Investments & Acquisitions
PT Lippo General Insurance
& 2 more
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IPO & Listings of Hanwha Life
Hanwha Life is a publicly listed company on the KRX with ticker symbol 088350 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.
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Funding Insights of Hanwha Life
| 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 Hanwha Life
Hanwha Life has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include PT Lippo General Insurance, People Life and VELOCITY CLEARING. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of clearing, custody, and prime brokerage services
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2019 | ||||
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Insurance planning and finance management services are offered.
|
2003 | ||||
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Offers health and general insurance products for individuals and businesses in Indonesia.
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1963 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hanwha Life
| 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 |
Hanwha Life Comparisons
Competitors of Hanwha Life
Hanwha Life operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kyobo Life, KDB Life Insurance, Tongyang Life Insurance, Hyundai Life Insurance and Linea Life, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified insurance brokerage firm
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| domain | founded_year | HQ Location |
Life insurance company
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| domain | founded_year | HQ Location |
Life insurance products are offered in South Korea.
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| domain | founded_year | HQ Location |
Provider of life insurance services
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| domain | founded_year | HQ Location |
Serves as a specialized firm providing life insurance solutions.
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| 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 Hanwha Life
Frequently Asked Questions about Hanwha Life
When was Hanwha Life founded?
Hanwha Life was founded in 1946.
Where is Hanwha Life located?
Hanwha Life is headquartered in Seoul, South Korea.
How many employees does Hanwha Life have?
As of Dec 31, 2024, the latest employee count at Hanwha Life is 2,780.
What is the annual revenue of Hanwha Life?
Annual revenue of Hanwha Life is $18.99B as on Dec 31, 2025.
What does Hanwha Life do?
Hanwha Life was founded in 1946 in Seoul, South Korea, as a life insurance provider. Operations are centered on delivering insurance products, including protection plans, savings policies, and retirement solutions, primarily within the domestic market. Services are extended to individuals and corporations through a network of branches and digital platforms. The company operates in the financial services sector, emphasizing risk management and long-term financial security for policyholders.
Who are the top competitors of Hanwha Life?
Hanwha Life's top competitors include KDB Life Insurance, Kyobo Life and Tongyang Life Insurance.
Is Hanwha Life publicly traded?
Yes, Hanwha Life is publicly traded on KRX under the ticker symbol 088350.
How many acquisitions has Hanwha Life made?
Hanwha Life has made 3 acquisitions, including PT Lippo General Insurance, People Life, and VELOCITY CLEARING.
What is Hanwha Life's ticker symbol?
The ticker symbol of Hanwha Life is 088350 on KRX.