meritz Financial Group

2023

• 12Financial Group

  Won the grand prize in economic sector at the 2nd Korea Corporate Governance Awards.

• 11Financial Group

  Awarded excellence in the financial sector at the 21st Money Today IR Awards.

• 11Fire&Marine Insurance

  Kim Joong Hyun took office as CEO and Vice-president

• 11Securities

  Chang Won Jae took office as CEO and President

• 07Financial Group

  Completed a sale of Meritz Asset Management

• 04Financial Group

  Incorporated Meritz Securities as a wholly owned subsidiary (comprehensive stock exchange completed)

• 02Financial Group

  Incorporated Meritz Fire&Marine Insurance as a wholly owned subsidiary (comprehensive stock exchange completed)

2022

• 12Fire&Marine Insurance

  Credit rating upgrade (A.M.Best, from A- to A0 (stable)

• 11Financial Group

  Announced comprehensive share exchange with subsidiaries and mid-term shareholder returns

• 10Fire&Marine Insurance

  Meritz Fire&Marine Insurance’s 100th year anniversary

2020

• 04Securities

  Securities changed its name from Meritz IB Securities Co., Ltd to Meritz Securities

• 01Financial Group

  Changed its corporate identity(CI)

2017

• 11Securities

  Designated as Comprehensive Financial Investment Business Entity

• 04Securities

  Incorporated Meritz Capital as a wholly owned subsidiary(comprehensive stock exchange complete)

2015

• 06Securities

  Merged with IM Investment & Securities

2014

• 12Financial Group

  Incorporated IM Investment & Securities as a sub-subsidiary

• 09Financial Group

  Paid-in capital increase by KRW 166.3 bilion

• 07Financial Group

  Credit rating upgrade (Korea Investors Service, from AA- to AA0)

• 04Financial Group

  Credit rating upgrade (NICE Investors Service, from AA- to AA0)

• 03Financial Group

  Kim Yong Beom took office as CEO and President

2013

• 04Financial Group

  Wohn Myung Soo took office as CEO and Vice Chairman

2012

• 03Capital

  Established Meritz Capital

• 03Financial Group

  Pro golfers sponsorship signing ceremony

• 02Financial Group

  Opened Meritz Cafe

2011

• 07Financial Group

  Incorporated Meritz Fire&Marine Insurance as a subsidiary

• 06Financial Group

  Eui Hun Park took office as Representative Director and President

• 05Financial Group

  Listed on the Korea Exchange(KRX)

• 03Financial Group

  Established Meritz Financial Group

• 03Financial Group

  Obtained full authorization for incorporation

• 01Fire&Marine Insurance

  Held an extraordinary general meeting to approve a demerger

2010

• 12Financial Group

  Obtained preliminary authorization for incorporation

• 08Business Service

  Acquired Meritz Business Service Co., Ltd

• 04Securities

  Completed a merger and launched Meritz Securities

2009

• 04Fire&Marine Insurance

  Rated Level 1(excellent) in Financial Supervisory Service Civil Appeals Evaluation

• 01Fire&Marine Insurance

  Total assets exceeded KRW5 trillion

2008

• 12Fire&Marine Insurance

  Acquired A- credit rating from A.M.Best for 2 consecutive years

• 12Fire&Marine Insurance

  Acquired A3 credit rating from Moody's for 3 consecutive years

• 11Securities

  Completed the renovation and moved into Yeouido Head Office

• 07Asset Management

  Started Investment Consulting(discretionary) business

• 07Asset Management

  Acquired Meritz Investment Bank business by transfer

• 07Investment Bank

  Transferred and discontinued Indirect Investment Asset Management business

• 07Securities

  Acquired Trust business license

• 06Asset Management

  Resolved to acquired Meritz Investment Bank business by transfer(in 1st Extraordinary General Meeting)

• 05Securities

  5:1 stock split (face value KRW5,000 → KRW1,000)

• 05Asset Management

  Established Meritz Asset Management

• 02Fire&Marine Insurance

  Won the grand prize in the "Welfare for the Disabled" category in the 2008 Kookmin Iibo Nanum Management Award Ceremony

2007

• 12Fire&Marine Insurance

  Received a plaque of appreciation for excellence in Nanum management in the large corporation category at the Small Sharing Big Love Festival hosted by the Love Sharing Business Volunteer Service Corps of the Korean Chamber of Commerce and Industry

• 12Fire&Marine Insurance

  Obtained Grade 'A' in compliance program (CP) evaluation (supervised by the Fair Trade Commission)

• 10Fire&Marine Insurance

  Won the financial service innovation award in the 'fire & marine insurance' category in the 2007 Korean Financial Innovation Award Ceremony

• 10Fire&Marine Insurance

  Moody's grants A3 to the Insurance Financial Strength of Meritz Fire&Marine Insurance

• 10Fire&Marine Insurance

  Won the grand prize in the 'customer value innovation' category in the Korean Customer Satisfaction Management Award Ceremony

• 08Fire&Marine Insurance

  Total assets exceeded KRW4 trillion

• 03Securities

  Acquired the license for management of OTC derivatives transactions

• 03Fire&Marine Insurance

  Won the gold prize in the 12th Maeil Business Newspaper Product Award Ceremony-Family Filled With Love Comprehensive Insurance

• 01Investment Bank

  Renamed ('Korea France Investment Bank' → 'Meritz Investment Bank')

• 01Group

  Officially launched Meritz Financial Group (three companies, i.e. Fire&Marine Insurance, Securities, and Investment Bank)

2006

• 12Investment Bank

  Spun off from Hanjin Group

• 11Investment Bank

  Change of the largest shareholder (Societe General → Meritz Securities)

• 11Investment Bank

  Incorporated Meritz Investment Bank as a subsidiary

• 11Securities

  Meritz Investment Bank subsidiary incorporated

• 11Fire&Marine Insurance

  Acquired A3 credit rating from Moody's for the first time in the insurance industry

• 11Fire&Marine Insurance

  Won the grand prize in the 'customer value innovation' category in the Korean Customer Satisfaction Management Award Ceremony

• 02Fire&Marine Insurance

  10:1 stock split (face value KRW5,000 → KRW500)

2005

• 12Fire&Marine Insurance

  Total assets exceeded KRW3 trillion

• 11Securities

  Change of the largest shareholder (Meritz Fire&Marine Insurance and 9 others)

• 11Fire&Marine Insurance

  Won the Excellence prize in the 'customer value innovation' category in the Korean Customer Satisfaction Management Award Ceremony

• 10Fire&Marine Insurance

  Relocated the head office to Gangnam from Yeouido (Yeoksam-dong, Gangnam-gu)

• 10Fire&Marine Insurance

  Changed its name from Oriental Fire&Marine Insurance Co., Ltd to Meritz Fire&Marine Insurance Co., Ltd

• 06Fire&Marine Insurance

  Wohn Myung Soo took office as 20th President

• 04Fire&Marine Insurance

  Won the grand prize in the 'New product planning' category in the Hankyung Marketing Award Ceremony

• 03Fire&Marine Insurance

  Spun off from Hanjin Group

2003

• 12Fire&Marine Insurance

  Selected by Financial Supervisory Service as 2003 outstanding new financial products(Personal Merit Automobile Insurance)

• 12Fire&Marine Insurance

  Acquired ‘Certificate of Excellent Service Quality’ by Ministry of Commerce Industry and Energy

• 07Fire&Marine Insurance

  Selected by Ministry of Finance Economy as Top 50 Korea Dividend Stock Price Index(KODI)

• 03Securities

  Received a grand award at the Maeil Business Newspaper Financial Product Award Ceremony

2002

• 12Securities

  Won the excellent chief company prize by Stock Exchange

• 10Securities

  Selected by Hankyung-Levering as ‘Great Work Place’

• 07Fire&Marine Insurance

  Received a special award at the Seoul Economy Newspaper Insurance Award Ceremony, Won the grand prize of new company culture (KMAC)

• 01Securities

  Won the gold prize at the Dasan Finance Awards

2001

• 11Securities

  Kyobo-Meritz First CR-REITs, Acquired the first license in korea

• 10Fire&Marine Insurance

  Won the first prize in the 'finance’ category (Korean Standard-Service Quality Index)

• 06Fire&Marine Insurance

  Won the luxury award in the 'new product’ category (2001 Korea Marketing Awards)

• 05Investment Bank

  Acquired the license for bond consignment

2000

• 04Securities

  Spun off from Hanjin Group

• 03Securities

  Changed its name from Hanjin Investment Securities to Meritz Securities

1999

• 12Fire&Marine Insurance

  Selected jointly by Korean Productivity Center, Chosun Ilbo and Michigan University as the No. 1 non-life insurance company in national satisfaction

• 10Fire&Marine Insurance

  Won the Naeway Economic Daily insurance grand prize

• 10Investment Bank

  Acquired the license for mutual fund sales

• 09Fire&Marine Insurance

  Won the KMAC customer satisfaction management innovation grand prize

• 05Securities

  Paid-in capital increase to KRW92 billion

1998

• 12Fire&Marine Insurance

  Named 'No. 1 fire & marine insurance company' in the 1998 Korea Productivity Center National Customer Satisfaction Index(NCSI) survey

• 09Fire&Marine Insurance

  Won first prize in the KMAC <1998 CS management innovation national contest>

• 05Fire&Marine Insurance

  Hosted the First Youth Protection Award Ceremony under the sponsorship of Dongyang Fire & Marine Insurance

• 05Fire&Marine Insurance

  Received 'Grade A' in the Insurance Supervisory Board management evaluation for two years in a row in FY 1997

1997

• 12Fire&Marine Insurance

  Won the Prime Minister's Award in the 4th private/public management and office innovation case presentation competition

• 09Fire&Marine Insurance

  Won the customer satisfaction management grand prize(KMAC)

• 08Investment Bank

  Named securities manager company

• 07Investment Bank

  Acquired the license for trading securities

• 03Investment Bank

  Founded Hanjin Futures (liquidated in September 1998.09)

• 01Fire&Marine Insurance

  Named the best company in automobile insurance customer service (Korean Consumer Agency survey)

1996

• 12Fire&Marine Insurance

  Received a distinguished service medal at the second KBS Transportation Culture Award Ceremony (emergency rescue party)

• 11Investment Bank

  Acquired the license for futures trading

• 09Fire&Marine Insurance

  Received a special award (CEO's award) at the first Naeway Economic Daily Insurance Award Ceremony

• 05Fire&Marine Insurance

  Total assets exceeded KRW1 trillion

• 02Fire&Marine Insurance

  Received a special award at the First Maeil Business Newspaper Financial Product Award Ceremony

1994

• 09Investment Bank

  Listed on the Korea Exchange(KRX)

• 08Investment Bank

  Initial public offering of 2,956,800 common stocks (KRW14,784 million)(paid-in capital increased to KRW49,280 million)

1992

• 07Fire&Marine Insurance

  Opened an office in New York, USA

• 01Securities

  Listed on the Korea Exchange(KRX)

1990

• 11Investment Bank

  Established an affiliate in Hong Kong (Korea Orix Lease & Finance Ltd.)

• 10Securities

  Renamed Hanjin Investment & Securities

1989

• 08Investment Bank

  Acquired the license for handling trade bills before shipping

1988

• 06Fire&Marine Insurance

  Opened an office in London

1984

• 05Investment Bank

  Acquired the license for trading certificates of deposit (C.D.) and brokerage

• 07Investment Bank

  Acquired the license for handling cash management accounts (C.M.A.)

1983

• 12Fire&Marine Insurance

  Relocated the head office, opened the age of Yeouido (25-1, Yeouido-dong.Yeongdeungpo-gu, Seoul)

• 09Fire&Marine Insurance

  Began selling automobile insurance

• 08Fire&Marine Insurance

  Built the Bongrae-dong office building (annex)

1980

• 10Investment Bank

  Acquired the license for handling the factoring business

1979

• 03Investment Bank

  Qualified as lead manager for public placement of corporate bonds

1978

• 09Investment Bank

  Acquired the license for facility lease business

1977

• 12Investment Bank

  Acquired the license for handling class A foreign exchange

• 12Investment Bank

  Acquired the license for a securities & investment trust management company

• 12Investment Bank

  Registered as a foreign-invested company

• 11Investment Bank

  Acquired the license for engaging in securities business on the side

• 11Investment Bank

  Renamed Korean French Banking Corporation

• 08Fire&Marine Insurance

  Capital tie-up with UK's Royal

• 07Investment Bank

  Founded Daehan Investment Bank

1973

• 02Securities

  Founded Hanil Securities (authorized capital KRW1 billion, paid-in capital KRW500 million)

1967

• 07Fire&Marine Insurance

  Incorporated as part of Hanjin Group

1956

• 07Fire&Marine Insurance

  Listed on the Korea Exchange(KRX)

1950

• 05Fire&Marine Insurance

  Changed its name (Joseon Fire and Marine Insurance → Dongyang Fire and Marine Insurance)

1935

• 10Fire&Marine Insurance

  Relocated the head office to Taepyeongro (19, Taepyeongro-1-ga, Jung-gu, Seoul)

1922

• 10Fire&Marine Insurance

  Authorized to establish the first native capital insurance company on the Korean peninsula (capitalized at KRW5 million) (97, 1-Jeongmok, Hwanggeum-jeong, Gyeongseong)