Mg Non-Life Insurance Co.,Ltd. is an enterprise in South Korea, with the main office in Seoul. It operates in the Insurance Carriers industry. The company was established on February 08, 2013. The total number of employees is currently 550 (2026). In 2024, the company reported a net sales revenue increase of 1.7%. Its’ total assets recorded a growth of 8.34%.

Headquarters
335, Teheran-ro Gangnam-gu Seoul
Seoul; Seoul;

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Website: http://www.mggeneralins.com

Basic Information

Total Employees:

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Outstanding Shares:

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Registered Capital:

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Financial Auditors:

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Incorporation Date:

February 08, 2013

Key Executives

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Chairman

Ownership Details

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92.8%

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7.2%

Subsidiaries

Geurin Insurance Academy Service Co.,Ltd.

100%

Green Esset Management Co.,Ltd.

99%

Jc Assurance No.1 Limited

Company Performance

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Key Financial Highlights

Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.

Net insurance premium revenue

1.7%▲

Net fee and commission income

2798.4%▲

Operating Profit/Loss (EBIT)

-0.44%▼

Net Profit/Loss for the Period

-71.24%▼

Total Assets

8.34%▲

Investments

-9.59%▼

Receivables

-8.04%▼

Total Equity

N/A

Net Premiums Earned Trend

N/A

Net Profit Trend

36.47%▲

Return on Equity (ROE)

N/A

Loss Ratio

11.4%▲

Underwriting Expenses Ratio

0.31%▲

Mg Non-Life Insurance Co.,Ltd. (South Korea)

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