Korean Reinsurance Co.
Industry Group: Insurance
Country/Region: South Korea
Identifier: KRX:003690
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 208 out of 299
Universe
Global Universe 8643 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
SCOR SE |
17.7
Low
|
54 out of 299 |
Central Reinsurance Corp. |
22
Medium
|
118 out of 299 |
Korean Reinsurance Co. |
26.9
Medium
|
208 out of 299 |
China Reinsurance (Group) Corp. |
33.1
High
|
280 out of 299 |
IRB Brasil Resseguros SA |
35.4
High
|
293 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Korean Reinsurance Co.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Korean Reinsurance Co.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Korean Reinsurance Co.'s ESG Risk Rating in the last three years
Highest Controversy Level