Samsung Life Insurance Co.,Ltd.
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Samsung Life Insurance Co.,Ltd. - overview
Established
1957
Location
Seoul, -, South Korea
Primary Industry
Insurance
About
Founded in 1957 and headquartered in Seoul, South Korea, Samsung Life Insurance Co. Ltd. , provides various forms of insurance and primarily functions in South Korea. The company was initially founded as Dongbang Life Insurance and became a subsidiary to the Samsung Group in 1963.
The company has over 5000 employees functioning through a vast branch network serving over 8 million customers worldwide. The company is chaired by Seong Cheol Hyun as President, CEO, and Director along with Yeong Muk Jeon as CEO and Director. The company offers a wide range of products such as term, health, accident, pension, saving, and child insurance along with retirement benefits. Additionally, the company also provides consultation on personal insurance and loan application management.
It also provides various types of loans in the form of credit loans for different purposes, mortgage loans, and smart loans along with trust and fund inquiry. Samsung Life Insurance earned a gross turnover of KRW 30 trillion and a net income after taxes of roughly KRW 1. 4 trillion in the fiscal year 2020.
Current Investors
IMM Credit & Solutions, Morgan Stanley Private Equity Asia
Primary Industry
Insurance
Sub Industries
Commercial Insurance, Health Insurance, Life Insurance, Personal Insurance
Website
www.samsunglife.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Samsung Life Insurance Co.,Ltd. - timeline of key events
Samsung Life Insurance Co.,Ltd. - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 19,008,801,000,000 | 16,419,106,000,000 | 23,801,801,000,000 | 14,039,814,000,000 | 19,685,593,000,000 | 19,992,220,000,000 | 21,383,346,000,000 | 21,633,446,000,000 | 20,705,048,000,000 | 20,872,054,000,000 | 22,596,941,000,000 | 21,702,266,399,000 | 24,118,744,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (13.6%) | 45.0% | - | - | 1.6% | 7.0% | 1.2% | (4.3%) | 0.8% | 8.3% | (4.0%) | 11.1% | - | - | - |
| EBITDA (USD) | 2,085,195,000,000 | 1,150,006,000,000 | 1,363,744,000,000 | 672,970,000,000 | 1,598,451,000,000 | 1,358,867,000,000 | 1,289,353,000,000 | 2,000,556,000,000 | 2,974,077,000,000 | 1,796,481,000,000 | 2,289,911,000,000 | 2,166,337,000,000 | 1,845,541,000,000 | - | - | - |
| Operating Income (USD) | 1,944,422,000,000 | 1,003,614,000,000 | 1,204,936,000,000 | 542,608,000,000 | 1,405,532,000,000 | 1,148,494,000,000 | 986,521,000,000 | 1,690,606,000,000 | 2,583,311,000,000 | 1,252,581,000,000 | 1,790,046,000,000 | 1,701,023,000,000 | 1,386,595,000,000 | - | - | - |
| Operating Margin | 10.2% | 6.1% | 5.1% | 3.9% | 7.1% | 5.7% | 4.6% | 7.8% | 12.5% | 6.0% | 7.9% | 7.8% | 5.7% | - | - | - |
| % EBITDA Margin | 11.0% | 7.0% | 5.7% | 4.8% | 8.1% | 6.8% | 6.0% | 9.2% | 14.4% | 8.6% | 10.1% | 10.0% | 7.7% | - | - | - |
| NET Income (USD) | 1,921,330,000,000 | 947,370,000,000 | 983,622,000,000 | 584,428,000,000 | 1,337,030,000,000 | 1,209,573,000,000 | 2,149,956,000,000 | 1,263,207,000,000 | 1,733,710,000,000 | 1,051,692,000,000 | 1,370,502,000,000 | 1,597,702,000,000 | 1,720,794,000,000 | - | - | - |
| % Net Margin | 10.1% | 5.8% | 4.1% | 4.2% | 6.8% | 6.1% | 10.1% | 5.8% | 8.4% | 5.0% | 6.1% | 7.4% | 7.1% | - | - | - |
Samsung Life Insurance Co.,Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement/Follow on | Completed | Samsung Life Insurance Co.,Ltd. | - | ||||||||
| Add-on | Completed | Meridiam SAS | - | ||||||||
| PIPE | Completed | Samsung Life Insurance Co.,Ltd. | - | ||||||||
| IPO | Completed | Samsung Life Insurance Co.,Ltd. | - | ||||||||
| Growth | Completed | Samsung Life Insurance Co.,Ltd. | - |
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Samsung Life Insurance Co.,Ltd. - employee data
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