Department profile
Shin & Kim

Insurance

Asia-Pacific Guide 2026 : South Korea


Shin & Kim

About

Provided by Shin & Kim

Our Insurance and Maritime Sector Group advises a broad range of clients on insurance and various treaties, laws and regulations in the maritime sector. It also represents clients in numerous domestic and foreign litigation and arbitration cases with its dedicated professionals, which includes former officers of the Financial Supervisory Service. Our professionals are praised for their unmatched expertise in working through sophisticated and complex regulations unique to the insurance sector.

Based on such rich experience and unrivaled expertise as well as a broadly knit network, the Insurance and Maritime Sector Group provides optimal solutions to all types of issues in the maritime and insurance sector, ranging from those related to insurance companies’ operations, asset management, licensing, ancillary business, delegation, inspections, sanctions imposed by regulators, insurance disputes to investment transactions. Its representative experience includes representing clients in matters such as the Hebei Spirit oil spill and pollution accident, the sinking of the Sewol ferry, the aircraft accident at Gimhae Airport, the Icheon warehouse fire accident, the Goyang terminal fire accident, a chemical plant gas leakage accident and an EV battery recall. 

Clients (35)

  • Hanwha Life Insurance Co., Ltd.
  • Kyobo Life Insurance Co., Ltd.
  • NongHyup Life Insurance
  • KDB Life Insurance
  • Korea Trade Insurance Corporation
  • Meritz Fire & Marine Insurance Co., Ltd
  • Samsung Fire Insurance Co., Ltd
  • BNP Paribas Cardif Insurance
  • AIA Life Insurance Co., Ltd.
  • AIG Korea Inc.
  • Carrot General Insurance Co., Ltd.
  • DB General Insurance Co., Ltd.
  • Fubon Hyundai Life Insurance Co., Ltd.
  • General Insurance Association of Korea
  • Heungkuk Life Insurance Co., Ltd.
  • Hyundai Marine & Fire Insurance Co. Ltd.
  • KB Insurance Co., Ltd.
  • KB Life Insurance Co., Ltd.
  • Korean Re
  • Lotte Insurance Co., Ltd.
  • Samsung Life Insurance Co., Ltd.
  • Volkswagen Insurance Services Korea
  • Tongyang Life Insurance Co. Ltd.
  • Chubb Limited
  • Lotte Non-Life Insurance Co., Ltd.
  • Uber Technologies Inc. (U.S.)
  • Korea Life Insurance Association
  • Swiss Re Asia Pte. Ltd., Korea Branch
  • Mirae Asset Life Insurance Co., Ltd.
  • MetLife Insurance Co. of Korea Ltd.
  • Munich Re
  • ABL Life Insurance Co., Ltd.
  • KB Insurance Co., Ltd.
  • Mitsui Sumitomo Insurance Co., Ltd. (Korea Branch)
  • Viva Republica, Inc.

Industries (6)

  • Insurance
  • Banks
  • Telecommunications
  • Retail
  • Government
  • Financial Services

Chambers Review

Provided by Chambers

Insurance - South Korea

Band 3

Band 3


What the Team is Known For

Shin & Kim's team of lawyers in South Korea acts for insurers and reinsurers on claims and liability issues arising from asset and property damage. The firm is well placed to provide advice on contentious matters, regulatory issues and insurance product development. The team is able to represent clients in connection with investigations and sanctions brought by the Financial Supervisory Service. It also represents insurance clients in civil and criminal lawsuits.

Notable practitioners

Yu Hankyung is the main contact.

Work Highlights

Provided by Chambers

  • Shin & Kim advised DB Insurance regarding issues that arose during the FSS’s regular inspection, defending the client before the regulatory authorities on points relating to asset management, insurance operations and IT.

Strengths

Provided by Chambers

  • Shin & Kim provides good communication and collaboration with clients.

    Insurance respondentAsia-Pacific
  • The firm's understanding of the issues is accurate and reasonable.

    Insurance respondentAsia-Pacific

Members

Provided by Shin & Kim

  • Se Ryul Hong

  • Seyon Baek

  • Ji Hoon Kim

    Head of Department

  • HanKyung Yu

  • So-Youn Kim

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