KB Life Insurance
KB Life Insurance is a life insurer of KB Financial Group. It manages 25.9 trillion won in assets as of end-2022, including 3.2 trillion won in alternative investments. The firm is set to increase the proportion of alternative assets to 15% of its AUM by end-2025, focusing on private equity and debt. It targes 6% of return from alternative investments.
Most Read
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand
