Samsung Life Insurance (Korean: 삼성생명보험, KRX: 032830) is a South Korean multinational insurance company headquartered in Seoul, South Korea, and a subsidiary of the Samsung Group. It is the largest insurance company in South Korea and a Fortune Global 500 company. Samsung Life's principal products include life, health insurance and annuities. Samsung Life was a private company from its foundation in 1957 until it went public in May 2010. The IPO was the largest in South Korean history and made Samsung Life one of the country's most valuable companies measured by market capitalization. Its headquarters are situated across from Namdaemun, a historic gate located in the heart of Seoul.