DB Insurance Co, Ltd. () is a non-life
insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
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.
History
Founded on January 24, 1969, by Junki Kim, the founding chairman. DB Insurance, which was launched as Korea's first public auto insurance company in 1962, became a member of Dongbu Group in 1983 and changed its name to Dongbu Insurance in October 1995. On November 1, 2017, the company changed its name to DB Insurance in order to become a global insurance finance company.
See also
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Wonju DB Promy
The Wonju DB Promy is a professional basketball club in the Korean Basketball League (KBL), located in the city of Wonju. From its founding in 1996, the team has always been based in its home province of Gangwon. It has the rare distinction of b ...
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DB Insurance Promy Open
References
External links
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Insurance companies of South Korea
Companies based in Seoul
Financial services companies established in 1963
South Korean brands
DB Group
Companies listed on the Korea Exchange
Companies in the KOSPI 200
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