Insurance Supervisory Authority

South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

South Korea is set to establish a government body as early as the first half of 2023 to comprehensively control its immigration policy as Asia&rsquo...

A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...

A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...

Korea Post’s insurance bureau will maintain its core-satellite strategy in private equity and debt investments for both stable revenue streams...

South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...

South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...

South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...

South Korea's National Tax Service (NTS) and the American Chamber of Commerce in Korea (AMCHAM) held a meeting on Sept. 16 to discuss favorable ta...

The record rainfalls in the Seoul metropolitan area this week are expected to lead to the largest-ever claims for South Korean auto insurance firms ...

South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...

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...