1963 – 2000

Mar. 19, 1963

Established as a state-owned company, the Korean Non-Life Reinsurance Corporation

Mar. 02, 1978

Reorganized as a publicly owned company, Korean Reinsurance Company

Nov. 24, 1978

Opened our Singapore Branch

June 26, 1984

Built a new head office in Susong-dong, Seoul

Dec. 31, 1996

Total assets surpassed KRW 1 trillion

May 27, 1999

Announced a mid-to long-term growth plan entitled “Vision 2020”


2001 – 2010

Jan. 04, 2001

Received the 10th Financial Award from Korea’s Ministry of Economy and Finance (MOEF) and the Korea Economic Daily

Feb. 28, 2002

Operating assets surpassed KRW 1 trillion

May 28, 2002

Received an A- rating from A.M. Best

June 27, 2002

Renamed Korean Re through the launch of a new Corporate Identity (CI)

Oct. 12, 2002

Became the largest reinsurance company in Asia  (S&P)

Oct. 20, 2002

Nominated as Reinsurance Company of the Year by Asia Insurance Review (Singapore)

Jan. 03, 2004

Received the 13th Financial Award from MOEF and the Korea Economic Daily

Jan. 27, 2005

Received the Most Admired CEO Award from the President of the Federation of Korean Industries

Nov. 23, 2005

Received the Most Innovative Management in Korea Award

Dec. 06, 2006

Acquired an A- rating from S&P

Dec. 31, 2006

Total assets surpassed KRW 3 trillion

Apr. 08, 2008

Opened our Dubai Liaison Office

Apr. 28, 2008

Total assets surpassed KRW 4 trillion

Dec.      2009

Recognized by Reinsurance magazine as “Emerging Market Player of the Year”

Nov.      2010

Ranked the 11th largest reinsurer in the world and No. 1 in Asia (S&P)

Received the Young Entrepreneur Award of the Year from Ernst & Young


2011 – 2023

Jan. 01, 2011

Received the Dasan Award

Feb.       2011

Acquired an A rating from A.M. Best

Sep.      2012

Ranked the 10th largest reinsurer in the world and No. 1 in Asia (A.M.Best)

Mar. 19, 2013

Celebrated the company’s 50th anniversary

June 17, 2013

Inauguration of CEO Jong-Gyu Won

Sep.       2013

Ranked the 9th largest reinsurer in the world and No. 1 in Asia (A.M.Best)

Jan. 02, 2014

Declaration of “Vision 2050”

Oct. 14, 2014

Issued subordinated capital securities worth USD 200 million;
S&P rating upgraded from A- to A

Feb. 09, 2015

Established Korean Re Underwriting Ltd. at Lloyd’s of London

Feb. 24, 2017

Signed an MOU on business cooperation with IRB Brasil RE

July 01, 2017

Opened our Labuan Branch in Malaysia

Dec. 31, 2017

Total assets surpassed KRW 10 trillion

Dec. 29, 2017

Opened our DIFC Branch in Dubai, UAE

June 01, 2019

Established Korean Reinsurance Switzerland AG in Zurich, Switzerland

June 28, 2019

Korean Reinsurance Switzerland AG received an A rating from S&P

Sep. 30, 2019

Celebrated our Tokyo Liaison Office’s 50th anniversary

Jan. 13, 2020

Established our Shanghai Branch in the People’s Republic of China

Feb. 17, 2020

Established our Bogotá Liaison Office in Colombia

Sep. 24, 2021

Established KoreanRe Insurance Services, Inc. in New Jersey, USA

Mar. 19, 2023

Renewal of the Corporate Identity in celebration of the company’s 60th anniversary