Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Samsung Fire & Marine Insurance history
Samsung Fire & Marine Insurance company history timeline
He hed an inaugural meeting at his office at 32, Daechang-dong 2ga, Busan, and officially launched Korea Anbo Fire & Marine Reinsurance on January 26, 1952, which marked the foundation of Samsung Fire & Marine Insurance.
In 1958, Samsung Group acquired Ankuk Fire & Marine Insurance.
The military regime which took power in Korea after the May 16 coup in 1961 pursued reform and development of the insurance industry as part of efforts to support economic growth.
Anbo, financially struggling to increase capital took over Ankuk in November 1962 after mulling over between M&A and sale of the company.
The new company that merged Anbo and Ankuk in February 1963 started out under the name of Anbo.
However, as consumers were more familiar with the name, Ankuk, it was renamed as Ankuk Fire & Marine Insurance in March 1963.
In 1965, Korea Anbo Fire & Marine Reinsurance Corporation merged with Ankuk Fire & Marine Insurance.
The Korean government identified structural problems in the motor insurance industry and announced the Motor Insurance Reformative Plan on March 25, 1983, in line with its policy platform for economic liberalization and market opening.
Since then, the company surpassed Hankuk Motor Insurance to top the domestic motor insurance market in 1984.
The company followed in the Group's footsteps to declare its second foundation on October 4, 1993.
Samsung Fire & Marine Insurance bought Yuseong training campus from Hanil Group in May 1994.
According to Forbes, it is considered one of the Top 2000 Largest Public Companies in the World.
Rate Samsung Fire & Marine Insurance's efforts to communicate its history to employees.
Samsung Fire & Marine Insurance jobs
Do you work at Samsung Fire & Marine Insurance?
Does Samsung Fire & Marine Insurance communicate its history to new hires?
Samsung Fire & Marine Insurance history FAQs
Zippia gives an in-depth look into the details of Samsung Fire & Marine Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Samsung Fire & Marine Insurance. The employee data is based on information from people who have self-reported their past or current employments at Samsung Fire & Marine Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Samsung Fire & Marine Insurance. The data presented on this page does not represent the view of Samsung Fire & Marine Insurance and its employees or that of Zippia.
Samsung Fire & Marine Insurance may also be known as or be related to Samsung Fire & Marine Insurance, Samsung Fire & Marine Insurance Co., Ltd and Samsung Fire & Marine Insurance Company.