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Tong Yang Life Insurance Co.,Ltd. (South Korea)

Main Activities: Insurance Carriers
Full name: Tong Yang Life Insurance Co.,Ltd. Profile Updated: September 01, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Tong Yang Life Insurance Co.,Ltd. is engaged in providing of life insurance services. The company offers products including accident insurance, health insurance, critical illness (CI) insurance, retirement insurance, pension insurance, savings insurance, among others. Tong Yang Life Insurance Co.,Ltd. also offers loans and asset management services. The company is based in Seoul, South Korea. Tong Yang Life Insurance Co.,Ltd. was established in 1989 and operates as a subsidiary of Anbang Life Insurance Co.,Ltd.

Headquarters
33, Jong-ro Jongno-gu Seoul
Seoul; Seoul; Postal Code: 100845

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Website: http://www.myangel.co.kr

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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Ratings:
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Incorporation Date:
July 01, 1989
Key Executives
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CEO
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Non-Executive Independent Director
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Non-Executive Independent Director
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Non-Executive Independent Director
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Non-Executive Independent Director
Ownership Details
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42%
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33.3%
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0.6%
Subsidiaries
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
15.63%
Net fee and commission income
3.22%
Operating profit (EBIT)
57.79%
Net Profit (Loss) for the Period
71.09%
Total assets
4.75%
Investments
5.11%
Receivables
-11.63%
Total equity
14.36%
Net Premiums Earned Trend
6.79%
Net Profit Trend
50.99%
Return on Equity (ROE)
1.59%
Loss Ratio
5.27%
Underwriting Expenses Ratio
-1.61%

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