About Dongbu Insurance Dongbu Insurance Co., Ltd. one of the largest non-life insurance companies based on South Korea. Dongbu Insurance Co., Ltd. U.S. Branch currently writes all lines of property and casualty insurance in CA, NY and HI State. Credit Ratings (2013): A.M.Best : A (Excellent) S&P : A- “The ratings reflect Dongbu's superior underwriting performance, stable market profile, sound investment performance and adequate capitalization level.” - From A.M.Best Rating News Release “The financial strength ratings reflect its solid market position, strong capitalization, and good operating performance.” - From S&P Rating News Release