Samsung Fire & Marine Insurance (“SFMI”) is a leading non-life insurance company in Korea, offering a variety of insurance products and total risk solution services including fire, marine, automobile, accident, liability, long-term non-life insurance, and private pension to personal customers and commercial clients in domestic and overseas markets.
SFMI is striving to deliver excellence to customers and become a top financial institution in the 21st century.
- Founded year: January 26, 1952
- Headquarters: 14 Seocho-daero 74 gil, Seocho-gu, Seoul, Korea
- Employees (as of 2020): 5,690
- Overseas operations: 7 subsidiaries, 8 branches, 4 representative offices in 9 countries.
- Credit rating: SFMI holds the highest credit rating of A++ (Superior) by the world’s largest insurance credit rating agency A.M. Best. This is the highest rating ever given to a domestic insurer, and granted only to Tokio Marine and SFMI within Asia. SFMI has been rated as AA- (Stable) by global credit rating agency Standard & Poor’s, which is the highest rating ever given to a domestic private corporation and a rating on par with Korea’s sovereign rating. SFMI is the only company holding this rating in the Korean private sector.