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Kyobo Life Insurance

Kyobo Life Insurance Co. is South Korea’s leading life insurer with 88 trillion won in assets under management as of end-2023. The insurer aims to maintain exposure to alternative assets at 30% by 2026. Overseas private equity and private debt account for less than 1% and 8.8% of the alternative assets, respectively. Offshore real estate and infrastructure make up 9.8% and 9.2%, respectively.