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Samsung Life Insurance
South Korea
24 Apr 1957 (68 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Samsung Life Insurance
Company Information
Get to know Samsung Life Insurance
Samsung Life Insurance provides principal products including health, annuities, and life insurance. They also maintained its market leadership in the industry through product marketing, distribution, and innovation. It also offers private health insurance, pension policies, and corporate welfare policies. The company also engages in the life insurance business in Korea and internationally. It also commits itself to develop into a global company through continuous change, innovation, and challenge efforts. In March 2012, Samsung Life Insurance claimed its goal to re-establish the definition of life insurance and to become a global life partner that is focused on customer's profit. The company goal is to become a lifelong companion to protect customer values and establish global market leadership. Samsung Life Insurance was founded in 1957 and is headquartered in Seoul, South Korea.
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- Financial InsurancePRIMARY
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