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Hotline: 024 3946 0322
Email: suretyhanoi91@sgic.co.kr


SGI Seoul(Headquarters)

Seoul Guarantee Insurance was originally established in 1969 under the name of Korea Fidelity and Surety Company, and, as a strategic business partner for both individuals and enterprises over the past years, Seoul Guarantee Insurance has provided various guarantee services and grown in parallel with Korean economic development.

As the one and only comprehensive guarantee service provider in Korea, Seoul Guarantee Insurance is currently the market leader in Korean surety and credit insurance industry, and also making headway into the overseas market based on its experience and expertise.

Seoul Guarantee Insurance has been affirmed its credit rating as “A+” and “AA- ” by S&P and Fitch respectively for its strong and sound financial capabilities. Looking to the future, Seoul Guarantee Insurance will strive to achieve the goal of of becoming a “World's Top Class Financial Institution” leading the global industry.

Ownership Structure

As of Dec.31,2022 (Unit : Thousand shares)

Ownership Structure : Shareholder, Shares table
Shareholder Shares
KDIC* 32,764(93.85%)
Life Insurers 1,520(4.35%)
Non-life Insurers 627(1.80%)

* KDIC: the state-owned Korea Deposit Insurance Corporation

Financial Information

(USD Million)

Total Assets

Total Assets, FY2018:6,886.8, FY2019:7,338.7, FY2020:8,415.4, FY 2021:8,500.0, FY 2022:7,498.3

Total Liabilities

Total Liabilities, FY2018:3,272.2, FY2019:3,470.5, FY2020:3,959.9, FY2021:3,865.0, FY2022:3,507.0

Total Equity

Total Equity, FY2018:3,614.6, FY2019:3,868.2, FY2020:4,455.6, FY2021:4,635.1, FY2022:3,991.4

Key Index of Insurance Operating

Key Index of Insurance Operating : Classification, FY2018, FY2019, FY2020, FY2021 
Classification Unit 2018 2019 2020 2021
Original premium USD Million 1,713.6 1,630.4 1,795.2 1,683.6
Loss Rate % 53.3 63.1 69.0 54.9
Solvency % 369.6 396.1 413.9 420.2
Exposure USD Billion 268.1 295.1 346.4 354.4
  • Financial statements are based on Korean IFRS
  • Applicable exchange rate: as exchange rate of KEB Bank announced on the end of the each fiscial year


Subsidiary : Company,Business Area,Established,Shares Information table
Company Business Area Established Shares
SGI Credit Info.Co.,Ltd Debt Collection 1/8/2004 85.0%
SGI Mena Insuarance Brokerage 8/8/2022 100%