- Who We Are
Who We Are
Samsung Re is a general reinsurer incorporated and registered in Singapore. We have been rated “A++” by A.M. Best. We were incorporated in October 2011 and are a wholly owned subsidiary of Samsung Fire and Marine Insurance (SFMI)
Samsung Re develops products and services to its clients and provides innovative reinsurance solutions with our team of experienced underwriters and actuaries. We write treaty and facultative business in market segments covering Asia Pacific, Middle East and North Africa. We focus in cultivating strong relationships with our clients and view their growth and success as equivalent to our own growth and success.
SFMI, founded on 26th January 1952, is a leading non-life insurance company in South Korea that offers a variety of insurance products and total risk solution services to personal and commercial clients in the global markets. SFMI is part of the Samsung Group which is the largest conglomerate in South Korea. Samsung is recognised as a world leader in high tech, construction and heavy industries around the world. With expertise and knowledge in the various industries, we are able to provide solutions to our clients and in turn create new opportunities for economic growth.
RBC (as of 2024)
3762%
Financials (as of 2024)
Revenue: SGD 266,040,927
Net income: SGD 19,625,187
our board of directors
Julia Zheng
Independent Chairperson and Director
James Park
Head of Global Business Division / SFMI
Our Management Team
our leaders
Nitin Talwalkar
Chief Executive Officer
Elvis Chang
Deputy Chief Executive Officer
Lex Kim
Chief Marketing Officer
Choi Bo Sun
Chief Financial Officer
Park Hee Kun
Chief Operating Officer
Heads of Departments
Sharon Wong
Treaty
Ferdinand Dela Torre
Facultative 1
Clyde Chan
Facultative 2
James Cho
Facultative 3
Lau Sie Liang
Cyber and Casualty
Darren Ting
Claim
Agnes Tham
Technical Accounting
Dominic Shim
Compliance
Sharon Koh
HR/IT
Our Culture at Samsung Reinsurance
We believe that living by strong values is the key to good business. At Samsung, a rigorous code of conduct and
these core values are at the heart of every decision we make
People
Quite simply, a company is its people. At Samsung, we’re dedicated to giving our people a wealth of opportunities to reach their full potential.
Excellence
Everything we do at Samsung is driven by an unyielding passion for excellence and an unfaltering commitment to develop the best products and services on the market.
Change
In today’s fast-paced global economy, change is constant and innovation is critical to a company’s survival. As we have done for 70 years, we set our sights on the future, anticipating market needs and demands so we can steer our company toward long- term success.
Integrity
Operating in an ethical way is the foundation of our business. Everything we do is guided by a moral compass that ensures fairness, respect for all stakeholders and complete transparency.
Co-Prosperity
A business cannot be successful unless it creates prosperity and opportunity for others. Samsung is dedicated to being a socially and environmentally responsible corporate citizen in every community where we operate around the globe.