Insurance Supervisory Authority

Ildong Pharmaceutical Co., a South Korean drugmaker, considers seeking approval for a COVID-19 anti-viral pill from the country as Japan postponed g...

As more consumers seek out eco-friendly products, a growing number of South Korean cosmetics brands are in a hurry to be certified as vegan.With lab...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...

A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...

NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...

South Korea's key insurers are rushing to increase their equity capital ahead of two new solvency regulations set to take effect from Jan. 1, 2023. ...

South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...

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 c...

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...

Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

Samsung SRA Asset Management Co. has named its former managing director (MD) and chief investment officer Chung-Keun Kim as its new chief executive,...

South Korea approved exports of Moderna Inc.’s COVID-19 vaccine produced by Samsung Biologics Co. in a move that will help the country’s...

Some major South Korean institutional investors have committed to Switzerland-headquartered global asset manager Partners Group's Secondary 2020 Fun...

Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is resuming its push for an initial public offering amid a protracted lega...

South Korea’s autonomous driving startup 42dot drew strong interest from investors with its advanced artificial intelligence technology. Strat...

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

A number of new rare disease treatments, approved in South Korea over the past year, are still unaffordable for the public because of their price ta...

South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its COVID-19 treatment ...

The National Pension Service (NPS) has revised internal regulations to authorize its working-level officials to proceed with deals worth less than $...

South Korean biosimilar companies such as Celltrion Inc. and Samsung Bioepis Co. are likely to see their sales hike by tens of millions of dollars...

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 crac...

Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expect...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

South Korean life insurers have made an environmental, social and governance (ESG)-themed investment in The Carlyle Group's €2 billion ($2.4 bi...

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...