Company Information

Get to know Dongbu Insurance

Founded in 1962 as Korea Automobile Insurance, the company became part of the Dongbu Group in 1983 and was renamed Dongbu Insurance. In 2017, the company rebranded to its current name, DB Insurance Co., Ltd., as part of a group-wide identity change. It is one of South Korea's largest and most prominent non-life insurers, providing comprehensive coverage including automobile, fire, marine, casualty, long-term, and personal pension insurance. The company is committed to customer satisfaction and aims to become a leading global insurance and financial group through continuous innovation and expansion into overseas markets.

Industry

Financial InsurancePRIMARY
Financial Other Service
Financial Wealth Management

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Dongbu Insurance

South Korea

Founded in

01 Jan 1969 (57 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.