KB Life was founded in 2004. It is a joint venture between KB Financial Holding Company and ING. Whilst initial dovelopment of the company was mainly centered around bancassurance, today KB Life is a multi channel life insurer with leading positions in bancassurance and direct marketing and growing positions in tied and general agency channels. Assets as of March 31, 2011 exceeds KRW 4 trillion (approx USD 4 billion).
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 KB Life Of KoreaYou | 0 | 0 | — | 0 | 0 |
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Korean insurers' capital-raising fell 88.5% in Q1 2026 to 542 billion won due to new K-ICS basic capital regulations and rising interest rates, prompting shift to coinsurance alternatives.
KB Kookmin Bank signed MOU with partners to enhance financial welfare for disabled families, offering trust products and insurance services.
Korean life insurers reduced cash and bond holdings in Q1 2026 as rising interest rates eased K-ICS solvency pressures, allowing shift toward equities and foreign securities for better returns.
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