About Hanwha Group

Founded in 1952, Hanwha Group is one of the top 10 conglomerates in Korea and top 500 in the world with six divisions: Manufacturing & Construction, Finance, Leisure & Lifestyle, Aerospace & Mechatronics, Chemicals & Materials, Solar Energy. Currently, Hanwha Group has diversified its business portfolio with 76 affiliates in South Korea alone and 390 networks around the world .

In Vietnam, Hanwha has invested nearly USD1 billion in key projects and leading companies such as: Solar power plant in Long An province (USD 100 million), factory manufacturing security equipment in Que Vo Industrial Park - Bac Ninh (USD 100 million), the first and only engine parts factory in Hoa Lac Hi-Tech Park- Hanoi ( USD 200 million) and invested nearly USD 400 million in Vingroup through the acquisition of 84 million shares of the group in August 2018.

Founded in 1952
Top 500 Global Fortune 244
Network 390
total assets (billion US Dollar) 187
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 USD105 billion Dollar 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 billion ($ 233 million) and one of three life insurers who have the strongest financial status in Vietnam.

Hanwha Life Vietnam has officially introduced its products to customers since April 1, 2009. The company has over 400 employees and more than 44,000 financial advisors operating in more than 170 customer service locations across the country. Up to Jan, 2020, the company has been trusted by over 600,000 customers and entrusted with the responsibility of 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.