AXA General Insurance Co., Ltd (South Korea)
🛡️ AXA General Insurance Co., Ltd (South Korea) is a Seoul-headquartered non-life insurer (corporate registration no. 110111-1872236) offering motor, general, and long-term property and casualty products in the South Korean market.[1] The company traces its origins to 2001, when it entered the Korean market as Kyobo Auto Insurance before being renamed under AXA ownership.[2] AXA SA holds 99.76% of its shares, confirming its status as a subsidiary within the AXA Group.[3] For the fiscal year ended 31 December 2024, approved financial statements report insurance operating revenue of 970,216 KRW million, total assets of 1,007,644 KRW million, total equity of 361,850 KRW million, and net income of 1,945 KRW million.[4] The most recent accessible solvency disclosure reports a K-ICS ratio of 286.5% (after transitional measures) as of 30 September 2024.[5]
AXA General Insurance Co., Ltd | |
|---|---|
| Corporate identity | |
| Registration number | 110111-1872236 |
| Regulated | Yes |
| License type | P&C (Non-Life) |
| Incorporation | 2001 |
| Headquarters | 11F, 4, Hangangdaero 71-gil, Yongsan-gu, Seoul 04322 |
| Country | South Korea |
| Ultimate parent | AXA SA |
| Group status | Subsidiary |
| Business & markets | |
| Operating status | Active |
| Lines of business | Motor insurance, general (non-life) insurance, long-term non-life products |
| Geographic markets | South Korea |
| Key financials (FY ended 31 December 2024) | |
| Currency | KRW |
| Revenue | 970,216 KRW million |
| Net income | 1,945 KRW million |
| Total assets | 1,007,644 KRW million |
| Equity | 361,850 KRW million |
| Solvency ratio | 286.5% (K-ICS, after transitional measures, as of 30 September 2024) |
References
- ↑ "AXA Korea — Insurance Products on Sale". AXA General Insurance Co., Ltd. Retrieved 13 March 2026.
- ↑ "AXA General Insurance — InvestKorea Feature". InvestKorea. Retrieved 13 March 2026.
- ↑ "AXA BCR Entities Contact Details" (PDF). AXA SA. November 2024.
- ↑ "AXA Korea — Shareholders' Meeting and Corporate Disclosure (FY2024)" (PDF). AXA General Insurance Co., Ltd. March 2025.
- ↑ "AXA Korea — K-ICS Solvency Disclosure Q3 2024" (PDF). AXA General Insurance Co., Ltd. Retrieved 13 March 2026.