Established in March 1962 as the first auto insurance company in South Korea, DB Insurance has grown into a leading provider of differentiated non-life insurance products and services. Currently, home office’s total assets are about $34B and direct annual written premiums around $12B. Expansion to ...
Established in March 1962 as the first auto insurance company in South Korea, DB Insurance has grown into a leading provider of differentiated non-life insurance products and services. Currently, home office’s total assets are about $34B and direct annual written premiums around $12B.
Expansion to overseas market has been achieved to pursue new growth engines and portfolio diversification. DB Insurance is committed to boosting revenues from existing overseas branch offices in the US as well as accelerating the entry into the Chinese market and strengthening its foothold overseas by entering newly emerging markets. DB Insurance operates 4 Branches, 4 Representative Offices and 2 Partnerships. Currently the US branches’ total assets are $248M and annual written premiums are $150M. DB Insurance Co., Ltd. (U.S. Branch) currently writes all lines of property and casualty insurance in Hawaii, California, and New York.