History
1963 – 2026
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 the Singapore Branch
June 26, 1984
Built a new head office in Susong-dong, Jongno-gu, Seoul
Dec. 31, 1996
Total assets surpassed KRW 1 trillion
May 27, 1999
Announced a mid- to long-term growth plan called “Vision 2020”
May 28, 2002
Received an A- rating from AM Best
June 27, 2002
Rebranded as Korean Re through the launch of a new corporate identity
Dec. 06, 2006
Received an A- rating from S&P Global Ratings
Dec. 31, 2006
Total assets surpassed KRW 3 trillion
Apr. 08, 2008
Opened the Dubai Liaison Office
Apr. 28, 2008
Total assets surpassed KRW 4 trillion
Feb. 2011
Received an A rating from AM Best
Mar. 19, 2013
Celebrated the company’s 50th anniversary
June 17, 2013
Inauguration of CEO Jonggyu Won
Oct. 24, 2014
S&P rating upgraded from A- to A
Feb. 09, 2015
Established Korean Re Underwriting Ltd. at Lloyd’s of London
July 01, 2017
Opened the Labuan Branch in Malaysia
Dec. 29, 2017
Opened the DIFC Branch in Dubai, UAE
Dec. 31, 2017
Total assets surpassed KRW 10 trillion
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 Global Ratings
Jan. 13, 2020
Established the Shanghai Branch in the People’s Republic of China
Feb. 27, 2020
Established the Bogotá Liaison Office in Colombia
Sep. 24, 2021
Established KoreanRe Insurance Services in New Jersey, USA
Mar. 19, 2023
Renewal of the corporate identity in celebration of the company’s 60th anniversary
Apr. 11, 2025
Relocation of headquarters to Signature Tower in Jung-gu, Seoul
May 16, 2025
Obtained an A1 rating from Moody’s
July 28, 2025
S&P ratings upgraded to A+
Jan. 02, 2026
Established the IFSC Branch at Gujarat International Finance Tec-City (GIFT City), India