Hanwha-Daehan Life Insurance Co, Ltd. is a South Korean insurance

Insurance

In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...

 company. headquartered in 63 Building

63 Building

The 63 Building , officially the 63 City, is a skyscraper on Yeouido island, overlooking the Han River in Seoul, South Korea. At 249 meters high, it surpassed Sunshine 60 in Tokyo and became the tallest building outside North America when completed in 1985, but a few months later the title went to...

, Yeoeuido-dong, Yeongdeungpo-gu

Yeongdeungpo-gu

Yeongdeungpo-gu is an administrative district in southwest Seoul, South Korea. Although the origin of the name is uncertain, the first two syllables are thought to be from "yeongdeung" or "divine ascent", a shamanic rite. The third syllable is "po", representing water , referring to the...

, Seoul

Seoul

Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

, Korea

Korea

Korea ) is an East Asian geographic region that is currently divided into two separate sovereign states — North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by the People's Republic of China to the northwest, Russia to the northeast, and is separated from Japan to the...

.It was established in 1946 as Korea Life Insurance Co, Ltd. . In 1969, Sindonga Group took over the control of the corporation, and the company headquarter later moved to famous 63 Building

63 Building

The 63 Building , officially the 63 City, is a skyscraper on Yeouido island, overlooking the Han River in Seoul, South Korea. At 249 meters high, it surpassed Sunshine 60 in Tokyo and became the tallest building outside North America when completed in 1985, but a few months later the title went to...

 in Yeouido

Yeouido

Yeouido is a large island in the Han River in Seoul, South Korea. It is Seoul's main business and investment banking district. Its 8.4 square kilometers are home to some 30,988 people. The island is located in the Yeongdeungpo-gu district of Seoul, and largely corresponds to the precinct of...

, Seoul

Seoul

Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

.

Merger with Hanwha

Korea Life Insurance was sold to Hanwha

Hanwha

Hanwha Group is one of the largest business conglomerate in South Korea. Founded in 1952 as Korea Explosives Inc. , the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail to financial...

 in 2003, and company changed to "Hanwha-Daehan" logo from 2007.

Competitors

• Kyobo Life
  Kyobo Life
  Kyobo Life Insurance Co, Ltd. is a South Korean life insurance company headquartered in Seoul, Korea, formerly known as Daehan Education Insurance...
  
  
• Dongbu Life
• Samsung Life
• SK Life
• AIG Korea Insurance
  AIG Korea Insurance
  AIG Korea Insurance, headquartered in Seoul, Korea since 1996, was a foreign Korean insurance company. It is a holding company of the American International Group Korea official companies...
  
  
• Tongyang Orion Life Insurance
• Heungkook Life
  Heungkook Life
  Heungkook Life Insurance Co, Ltd. is a South Korean insurance company headquartered in Seoul, Korea. It is a part of Taekwang Group, Korea's 40th largest chaebol...
  
  
• Korea PCA Life
• Korea ING Life
• Hana HSBC Life

External links

• Hanhwa Daehan Life Insurance Homepage