Lotte Insurance

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instance_of gptkb:Insurance_Company
gptkbp:acquisition Acquired by Lotte Group in 2010
gptkbp:awards Best Insurance Company 2021
gptkbp:brand gptkb:Lotte
gptkbp:ceo Kim Yong-joon
gptkbp:community_engagement Volunteer Programs
Health Awareness Campaigns
Sponsorship of local events
Financial Literacy Workshops
gptkbp:competitors gptkb:Meritz_Fire_&_Marine_Insurance
gptkb:Hanwha_Life_Insurance
gptkb:DB_Insurance
gptkb:Samsung_Life_Insurance
Kyobo Life Insurance
gptkbp:employees Approximately 1,000
gptkbp:financials Listed on KOSDAQ
gptkbp:founded gptkb:2002
gptkbp:headquarters gptkb:Seoul,_South_Korea
gptkbp:history Expanded services in 2015
Rebranded in 2020
Entered the non-life insurance market in 2018
Established as a subsidiary of Lotte Group
Launched digital insurance products in 2021
https://www.w3.org/2000/01/rdf-schema#label Lotte Insurance
gptkbp:investment Invests in renewable energy projects
Invests in technology startups
gptkbp:market gptkb:South_Korea
gptkbp:parent_company gptkb:Lotte_Group
gptkbp:partnership Collaboration with fintech companies
Various banks for distribution
Joint ventures with international insurers
gptkbp:products gptkb:Insurance_Company
gptkb:Health_Insurance
gptkbp:rating A by NICE Investors Service
A+ by Korea Ratings Corporation
gptkbp:regulatory_compliance gptkb:Financial_Services_Commission_of_South_Korea
gptkbp:revenue Approximately 1 trillion KRW
gptkbp:services gptkb:Life_Insurance
Non-life Insurance
gptkbp:social_responsibility Disaster Relief Efforts
Community Support Programs
Environmental Initiatives
Educational Scholarships
gptkbp:subsidiary Lotte Capital
Lotte Insurance Agency
gptkbp:type gptkb:public_company
gptkbp:website www.lotteins.co.kr
gptkbp:bfsParent gptkb:Busan_Sajik_Gymnasium
gptkbp:bfsLayer 7