About Hanwha Group

Hanwha Group is one of the top 10 conglomerates in Korea and top 500 in the world. Hanwha Group has a diversified business with six divisions: Manufacturing & Construction, Finance, Service & Hospitality, Aerospace & Mechatronics, Chemicals & Advanced materials, Solar Energy with a network of 469 members around the world.

 

In Vietnam, Hanwha has invested more than USD 1 billion in key projects and leading companies such as: Solar power plant in Long An province; security equipment factory in Que Vo Industrial Park - Bac Ninh; the first and only engine parts factory in Hoa Lac Hi-tech Park - Hanoi; invested in Vingroup through the acquisition of 84 million shares of the group and the acquisition of HFT stock company (Hanoi) which is now named Pinetree stock company.

Founded in 1952
Top 500 Global Fortune 244
Network 469
total assets (billion US Dollar) 117
Hanwha Life Insurance

SINCE 1946

Established in 1946, Hanwha Life Insurance (the former name called Korea Life Insurance) is the oldest life insurance company in Korea. 

The company has grown to be the country’s leading life insurer with total assets of over USD117 billion and received an AAA solvency rating from prominent rating agencies.

Hanwha Life Vietnam

Established and operating under license No. 51GP / KDBH issued June 12, 2008, with a chartered capital of VND4.891.140 billion ($ 233 million) and one of three life insurers who have the strongest financial status in Vietnam.

Hanwha Life Vietnam officially introduced its product to customers on 1st April 2009. The company currently has over 500 employees and about 37,000 financial advisors operating in more than 160 customer service locations nationwide. As of December 2021, the company has been entrusted by nearly 1 million customers for protecting themselves and their families.

Mission & Vision

Mission: Provide a customer-centric life solution and services

Vision: To be The Most Trusted Life Insurance Company in Vietnam

Key Milestones

2005

Officially established Rep office in Hanoi.

2008

Got license from MOF, starting a new journey

2009

Officially launched in Vietnam with 3 branch offices at HCMC, Central and Hanoi.

2012

Changed brand name from Korea Life to Hanwha Life

2014

Increased capital to 1900 billion VND (~103 million USD)

2015

Honored to receive the Golden Dragon Award for five consecutive years and the Corporate Social Responsibility Award presented by the Embassy of Korea in Vietnam.

2016

Overcame the VND 1,000 billion in total premium income, officially reached break-even point, developed strongly with customer service network to 80 points nationwide.

2017

Total number of customer service points of Hanwha Life Vietnam more than 100 offices nationwide. Honored to receive Vietnam's Top 10 Sustainable Businesses Award.

2018

Increased capital to nearly 4,900 billion VND (~233 million USD).
Awarded a Certificate of Merit to Hanwha for its contributions to the social welfare activities.
Launched an e-submission system, enabling agents to apply for insurance online.

2019

Reach 1 trillion AFYP.