Dongbu Insurance Co.,Ltd. (South Korea)

Dongbu Insurance Co., Ltd., located in Seoul, is a global insurance and finance group founded on January 1, 1969 by Chairman Kim Jun-ki. The company aims to pursue a happy society together with its customers under the philosophy of being a "good company." Despite starting later than the first-generation groups in Korea, Dongbu Insurance has overcome this disadvantage and contributed to the development of the national economy and industry. DB General Insurance, established in 1962 as Korea's first public automobile insurance company, became part of the DB Group in 1983. In October 1995, it changed its name to Dongbu Fire & Marine Insurance Co., Ltd. and has since grown into Korea's leading general non-life insurance company. The company's management philosophy focuses on customer satisfaction and sound financial integrity. In order to become a global insurance finance company, DB General Insurance changed its name to DB General Insurance Co., Ltd. on November 11, 2017. The company has established a stable foundation for growth through profit-oriented management, systematic loss ratio management, and achieving the industry's highest return on equity (ROE) and return on assets (ROA) for over 1 year. Dongbu Insurance is committed to fulfilling its social responsibilities as a desirable corporate citizen and continues to grow and develop alongside society.