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ING Life Korea, established in 1989, is the fourth biggest life insurer in the market and the leading foreign insurer in Korea. The company rated AAA by Korean Ratings for four consecutive years from 2007. ING Life Korea offers professional financial products and services to be sound financial partner to fulfill customer dreams through tied agents, bancassurance, and retirement service.
KB Life Insurance, is a jointly-owned subsidiary of KB (51%), the largest domestic retail bank and ING Group (49%). ING's second life insurance operation in the market, it operates a highly cost-effective bancassurance model, providing simple and easy insurance services primarily through the KB branch network.
The Seoul branch of ING Wholesale Banking was established in 1986, and has a strong foothold in the market as a leading corporate finance and investment bank in Korea. The Bank provides major Korean enterprises and financial institutions with diverse short- and long-term finance, project finance, as well as corporate finance advisory services.
ING Investment Management Korea launched its business in November 2006, and in 2007 was propelled through the acquisition of Landmark Asset Management into a top ten player in the Korean funds industry. The company offers equity and bond funds, fund of funds, and other investment products and services of a broad range and variety to individual and institutional investors.