DB Insurance explained

DB Insurance Co., Ltd.
Native Name:디비손해보험 주식회사
Native Name Lang:ko
Industry:Insurance
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Hq Location City:Seoul
Hq Location Country:South Korea
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Parent:DB Group

DB Insurance Co, Ltd. is a non-life insurance company headquartered in Seoul, South Korea.[1]

History

Founded on January 24, 1969, by Junki Kim, the founding chairman. DB Insurance, which was launched as Korea's first public auto insurance company in 1962, became a member of Dongbu Group in 1983 and changed its name to Dongbu Insurance in October 1995. On November 1, 2017, the company changed its name to DB Insurance in order to become a global insurance finance company.[2]

See also

References

  1. News: Roh . Joori . June 22, 2021 . S.Korea's major insurers say will stop underwriting new coal power . Reuters . Seoul .
  2. News: . November 16, 2017 . BRIEF-Dongbu Insurance proposes to change name to DB INSURANCE . Reuters .