SH&C Life Insurance was initiated in cooperation with Cardiff whose foundation is in France, the country of Bankasurance. The Cardiff Life operates various joint-venture businesses with 150 partners in 27 countries throughout the world. Such experience and long history enables SH&C Life Insurance to provide the products and service with competitiveness to all of the customers in Shinhan Financial group.

SH&C Life Insurance is expected to realize the break-even point within the next 3 years and raise profit of more than 30% of ROE after 5 years. SH&C Life Insurance will continue to make an effort to secure its position as the first Bankasurance specialized company in Korea and be one of the best companies.

Major Fields of Business

a. Providing products for individual insurance through telemarketing
b. Providing products for group credit insurance and saving insurance through bank windows