1963 – 2000
Mar. 19, 1963
Established as a state-owned company, the Korean Non-Life Reinsurance Corporation
Mar. 02, 1978
Reorganized as a publicly owned company, Korean Reinsurance Company
Nov. 24, 1978
Opened our Singapore Branch
June 26, 1984
Built new headquarters in Susong-dong, Seoul
Dec. 31, 1996
Total assets surpassed KRW 1 trillion
May 27, 1999
Announced a mid-to long-term growth plan entitled “Vision 2020”
2001 – 2010
Jan. 04, 2001
Received the 10th Financial Award from Korea’s Ministry of Economy and Finance (MOEF) and the Korea Economic Daily
Feb. 28, 2002
Operating assets surpassed KRW 1 trillion
May 28, 2002
Received an A- grade from A.M. Best
June 27, 2002
Renamed Korean Re through the launch of a new Corporate Identity (CI)
Oct. 12, 2002
Became the largest reinsurance company in Asia
Oct. 20, 2002
Nominated as Reinsurance Company of the Year by Asia Insurance Review (Singapore)
Jan. 03, 2004
Received the 13th Financial Award from MOEF and the Korea Economic Daily
Jan. 27, 2005
Received the Most Admired CEO Award from the President of the Federation of Korean Industries
Nov. 23, 2005
Received the Most Innovative Management in Korea Award
Dec. 06, 2006
Acquired an A- rating from S&P
Dec. 31, 2006
Total assets surpassed KRW 3 trillion
Apr. 08, 2008
Opened our Dubai Liaison Office
Apr. 28, 2008
Total assets surpassed KRW 4 trillion
Dec. 2009
Recognized by Reinsurance magazine as “Emerging Market Player of the Year”
Nov. 2010
Ranked the 11th largest reinsurer in the world and No. 1 in Asia (S&P) Received the Young Entrepreneur Award of the Year from Ernst & Young
2011 – 2020
Jan. 01, 2011
Received the Dasan Award
Feb. 2011
Acquired an A rating from A.M. Best
Sep. 2012
Ranked the 10th largest reinsurer in the world and No. 1 in Asia (A.M.Best)
Mar. 19, 2013
Celebrated the company’s 50th anniversary
June 17, 2013
Inauguration of CEO Jong-Gyu Won
Sep. 2013
Ranked the 9th largest reinsurer in the world and No. 1 in Asia (A.M.Best)
Jan. 02, 2014
Declaration of “Vision 2050”
Oct. 14, 2014
Issued subordinated capital securities worth USD 200 million; S&P rating upgraded from A- to A
Feb. 09, 2015
Established Korean Re Underwriting Ltd. at Lloyd’s of London
Feb. 24, 2017
Signed an MOU on business cooperation with IRB Brasil RE
July 01, 2017
Opened our Labuan Branch in Malaysia
Dec. 31, 2017
Total assets surpassed KRW 10 trillion
Dec. 29, 2017
Opened our DIFC Branch in Dubai, the UAE
June 01, 2019
Established Korean Reinsurance Switzerland AG in Zurich, Switzerland
June 28, 2019
Korean Reinsurance Switzerland AG received an A rating from S&P.
Sep. 30, 2019
Celebrated our Tokyo Liaison Office’s 50th anniversary
Jan. 13, 2020
Established our Shanghai Branch in the People’s Republic of China
Feb. 17, 2020
Established our Bogotá Liaison Office in Colombia