KB Life Insurance Co, Ltd. (

hangul The Korean alphabet is the modern writing system for the Korean language. In North Korea, the alphabet is known as (), and in South Korea, it is known as (). The letters for the five basic consonants reflect the shape of the speech organs ...

:KB생명, 케이비생명) is a life insurance company, headquartered in

Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...

. As of 20 June 2013 fully owned by KB Group, KB Life originally was a joint venture between KB Group (51%) and

ING Group ING Group N.V. () is a Dutch multinational corporation, multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, whol ...

(49%). KB Life was established in 2004 originally with a

bancassurance Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank's customers. In this partnership, bank staff and tellers become the point of sale and point o ...

only distribution model, but today has developed into a multichannel insurer, offering savings, annuities and protection products for Korean individuals and families.

References

Homepage

KB Life Homepage
Companies based in Seoul Insurance companies of South Korea KB Financial Group Inc Financial services companies established in 2004 South Korean companies established in 2004 Life insurance companies {{SouthKorea-company-stub

See also

References

Homepage