Korea Life Insurance
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Korea Life Insurance
Hanwha Life Insurance Co., Ltd. () is a life insurance company in South Korea. It is part of the Hanwha Group. Hanwha Life Insurance is South Korea's second largest life insurance company with assets of 81 trillion won as of November 2013. It employs 28,000 financial planners and other employees. As of January 2014, it operates seven local headquarters, 65 regional offices and 605 branches. History Founded on September 9, 1946 as Korea Life Insurance, Hanwha Life Insurance Co., Ltd. is based in Hanwha Finance Center 63 in Yeouido, a landmark building of Seoul. Korea Life Insurance changed its name to Hanwha Life Insurance in October 2012. Products Hanwha Life Insurance's main products include Whole Life Insurance and Critical Illness Insurance; savings-type insurance, including Annuity; and others. In addition, Hanwha Life Insurance serves individual asset management through trust commodities. It also sells retirement pension, accident and health insurance and group insura ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Hanwha Life Esports
Hanwha Life Esports (HLE) is a South Korean esports organization based in Seoul, owned by Hanwha Life Insurance. It has teams competing in ''League of Legends'' and ''Kart Rider'', with the former competing in the LCK, South Korea's top level professional league for the game. In middle 2018, HLE acquired the League of Legends team and LCK spot of Tigers. At the 2015 ''League of Legends'' World Championship, the team (as KOO Tigers) placed second in their preliminary group before beating KT Rolster and Fnatic in the bracket stage. The team finished as runner-ups after facing SK Telecom T1 in the finals in Berlin, Germany. The team (as ROX Tigers) won their first LCK title after winning the 2016 Summer League of Legends Champions Korea playoffs. At the 2016 ''League of Legends'' World Championship, team finished as third place after lost again to SK Telecom T1 2–3, although leaded the series 2–1. History Tigers era 2014 Tigers was founded in November 2014 by Chinese ...
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Companies Based In Seoul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Yeongdeungpo District
Yeongdeungpo District () is an administrative district in southwest Seoul, South Korea. Although the origin of the name is uncertain, the first two syllables are thought to be from "''yeongdeung''" (靈登) or "divine ascent", a shamanic rite. The third syllable is "''po''", representing the bank of a river (浦), referring to the district's position on the Han River. The 2006 population was 408,819. There are 22 administrative "dong" and 34 legal "dong". Yeouido-dong is the largest in area and takes up about 34% of the land. The total area is (2004), making up 4% of Seoul's land. The annual budget is approximately 2 billion won. Yeongdeungpo District has been heavily developed as an office, commercial, and residential district. Yeouido Dong is home to DLI 63 Building, the highest office building in South Korea and currently the 3rd tallest building in the country. The National Assembly Building is located in Yeouido-dong. Other organisations, such as the Financia ...
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Companies Listed On The Korea Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Financial Services Companies Established In 1946
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Insurance Companies Of South Korea
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Hanwha Subsidiaries
, former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = Kim Seung-yeon(Chairman and CEO) , revenue= ₩72,890,000,000,000 (2020) , operating_income = ₩2,927,888,000,000(Hanwha Corp. only) , net_income = ₩19,327,000,000(Hanwha Corp. only) , num_employees = 43,690 , num_employees_year = 2020 , subsid = , owners = Estate of Kim Seung-yeon (32.02%) Hanwha through treasury stock (8.08%)National Pension Service (8.67%) , homepage = https://www.hanwha.co.kr/ (Korean) https://www.hanwha.com (English) , footnotes = , intl = Hanwha Group () is a large business conglomerate (''chaebol'') in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their origina ...
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League Of Legends Champions Korea
''League of Legends'' Champions Korea (LCK) is the primary competition for ''League of Legends'' esports in South Korea. Contested by ten teams, the league runs two seasons per year and serves as a direct route to qualification for the annual ''League of Legends'' World Championship. The LCK is administered in cooperation between Riot Games and KeSPA. The league was formerly named ''League of Legends'' Champions before undergoing a major restructuring in late 2014, which saw a change in the competition's format and a rebranding to its current name. OGN reserved exclusive broadcasting rights of the league until 2016 when rights were split with SPOTV Games. In 2019, Riot Games took over the broadcasting of LCK. In 2021 the LCK franchised, and Challengers Korea (CK) and the LCK promotion tournament were discontinued. The LCK is considered one of the strongest ''League of Legends'' competitions in the world, with teams from the league winning the World Championship a record sev ...
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63 Building
The 63 Building ( ko, 63빌딩), officially called 63 SQUARE (formerly Hanwha 63 City), is a skyscraper on Yeouido island, overlooking the Han River in Seoul, South Korea. At 249 meters (817 ft) high, it was the tallest building outside North America when it was opened on July 27, 1985, and it is the second-tallest gold-clad building in the world after Grand Lisboa in Macau. It stood as South Korea's tallest building until the Hyperion Tower surpassed it in 2003, but remained the country's tallest commercial building until the Northeast Asia Trade Tower was topped-out in 2009. The 63 Building was built as a landmark for the 1988 Summer Olympics. ''63'' is something of a misnomer since only 60 floors are above ground level. Floors 61-63 are restricted areas. The skyscraper is the headquarters of Korea Life Insurance, Industrial Bank of Korea Securities, and other major financial companies. The design of the structure is based on the Hanja character for person or human bei ...
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Hanwha Group
, former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = Kim Seung-yeon(Chairman and CEO) , revenue= ₩72,890,000,000,000 (2020) , operating_income = ₩2,927,888,000,000(Hanwha Corp. only) , net_income = ₩19,327,000,000(Hanwha Corp. only) , num_employees = 43,690 , num_employees_year = 2020 , subsid = , owners = Estate of Kim Seung-yeon (32.02%)Hanwha through treasury stock (8.08%)National Pension Service (8.67%) , homepage = https://www.hanwha.co.kr/ (Korean) https://www.hanwha.com (English) , footnotes = , intl = Hanwha Group () is a large business conglomerate (''chaebol'') in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original ...
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