Hyundai Marine & Fire Insurance is expanding its Japan business after 50 years in the market, adding specialists in product development and channel management and considering cyber insurance as digital risks increase. The company remains the only South Korean non-life insurer operating in Japan. Its Tokyo branch, established in 1976 as Dongbang Marine & Fire Insurance, later expanded to Osaka and evolved from serving ethnic Korean residents to supporting multinational corporations. The branch has focused on niche products including credit insurance and local government citizen insurance programs, while agreements with FM and AXA XL have helped it reach overseas multinational clients. Local hiring has supported its localization strategy, with most full-time staff recruited in Japan. During the 2011 Tohoku earthquake, the branch continued receiving claims and making payouts and donated 10 million yen to recovery efforts. Premium income grew more than 13-fold over two decades, reaching 28.9 billion yen last year, while net profit was 840 million yen. The branch marked its anniversary at the Palace Hotel Tokyo with clients, partners and affiliates. Chairman Chung Mong-yoon said the company would continue providing dependable insurance services and grow as a trusted partner in Japan.