Insurance
Insurance
Insurers rush to bolster equity capital to boost solvency
Mar 24, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KB Life, Prudential Life to complete merger by Jan 2023
The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be com...
Mar 01, 2022 (Gmt+09:00)
1 Min read -
Insurance
Samsung SRA taps former KIC infra head as CEO
Samsung SRA Asset Management Co. has named its former managing director (MD) and chief investment officer Chung-Keun Kim as its new chief executive, ...
Jan 04, 2022 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
Shinhan Financial acquires BNP Paribas Cardif General Insurance
Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move ...
Nov 01, 2021 (Gmt+09:00)
2 Min read -
Insurance
Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gro...
Jun 28, 2021 (Gmt+09:00)
1 Min read -
Insurance
Cigna seeks to enter Korea's digital non-life insurance market
The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crack...
Jun 23, 2021 (Gmt+09:00)
3 Min read -
Artificial intelligence
Coupang fire may cut ROI of warehouse assets
Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expecte...
Jun 22, 2021 (Gmt+09:00)
2 Min read -
Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busin...
Jun 11, 2021 (Gmt+09:00)
1 Min read -
Alternative investments
Korean insurers may write down $1.1 bn in global alternatives
South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end o...
Feb 23, 2021 (Gmt+09:00)
3 Min read
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