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Korean Reinsurance company history timeline

1963

March 19, 1963 Established as a state-owned company, the Korean Non-life Reinsurance Corporation

1978

March 2, 1978 Reorganized as a publicly owned company,Korean Reinsurance Company

1984

Built new headquarters in Susong-dong June 26, 1984

1996

Total assets exceeded 1 trillion won Dec 31, 1996

2001

Received the 10th Financial Award from M.O.F.E. and the Korea Economic Daily Jan 4, 2001

2002

June 27, 2002 Renamed Korean Re, with the launch of a new Corporate Identity (CI)

Feb 28, 2002 Operating assets exceeded 1 trillion won

Oct 12, 2002 Became the largest reinsurance companyin Asia

Oct 20, 2002 Nominated as Reinsurance Company of the Year by the Asia Insurance Review Magazine (Singapore)

2004

Jan 3, 2004 Received the 13th Financial Award from M.O.F.E. and the Korea Economic Daily

2005

Received the Most Admired CEO Award (from the President of the Federation of Korean Industries, 2005) Jan 27, 2005

2006

Acquired an A- rating from S&P Dec 6, 2006

Total assets surpassed 3 trillion won mark Dec 31, 2006

2008

Total assets surpassed 4 trillion won mark April 28, 2008

2011

Acquired an A rating from A.M. Best Feb, 2011

2014

Issued subordinated capital securities worth USD 200 million S&P rating upgraded from A- to A Oct 14, 2014

2017

Signed an MOU on business cooperation with IRB Brasil RE Feb 24, 2017

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Founded
1963
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Headquarters
New York, NY
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Korean Reinsurance may also be known as or be related to Korean Reinsurance and Korean Reinsurance Company.