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DB Life Insurance
DB Life Insurance was established in 1989 as part of DB Group, originally known as Dongbu Group. Kim Jun-ki created the parent conglomerate; his children Kim...
DB Life Insurance
DB Life Insurance was established in 1989 as part of DB Group, originally known as Dongbu Group. Kim Jun-ki created the parent conglomerate; his children Kim Nam-ho and Kim Joo-won now hold the chairman and vice-chairman roles. The company underwrites whole life, variable life, health, annuity and retirement pension contracts. All activity remains inside South Korea with no disclosed overseas exposure or third-party fund commitments. Its balance sheet supports direct holdings in Seoul office buildings and the Rainbow Hills Country Club. DB Insurance Co., Ltd. is the primary shareholder. The firm participates in the AVCJ Private Equity & Venture Forum as a network member. A separate DB Kim Jun-ki Cultural Foundation handles philanthropic activity. Governance flows through the DB Group family structure with no external co-investors or independent vehicles disclosed.
General information
Firm type
Insurance
Year founded
1989
AUM
Undisclosed
Location
Region
Asia
Country
South Korea
City
Seoul
Corporate office
Seoul, South Korea
Principals
Kim Jun-ki
Founder of DB Group
Kim Nam-ho
Chairman of DB Group
Kim Joo-won
Vice Chairman of DB Group
Sector focus
Frequently asked questions
Who controls investment decisions at DB Life Insurance?
Investment authority rests with DB Insurance as the parent company. No separate CIO or external mandate is disclosed.
What asset classes does DB Life Insurance hold?
Holdings include South Korean commercial real estate and the Rainbow Hills Country Club. No equity, credit or fund commitments are named.
Is DB Life Insurance a single-family office or an operating insurer?
It is an operating life insurance company and subsidiary of DB Insurance within DB Group.
Where does the underlying wealth originate?
The business traces to founder Kim Jun-ki and the broader DB Group conglomerate.
Does DB Life Insurance maintain a philanthropic vehicle?
Yes. The DB Kim Jun-ki Cultural Foundation operates separately from the insurance entity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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