KB 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...

South Korean venture capital firms are expanding their investment in Southeast Asia,  where startups grow rapidly based on a large population.K...

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

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 Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...

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...

South Korea-based venture capital firms are likely to see rankings shift once the glory days of lucrative exits in a liquidity-driven market are gon...

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-based fintech firm Korea Credit Data (KCD) has raised around 40 billion won ($36 million) from Singapore-based private equity firm Pavil...

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 ...

South Korea-based LG Energy Solution has hired KB Securities and Morgan Stanley as the lead managers for its initial public offering, which is antic...

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...

South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...

KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...

KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

AXA, a French multinational insurance group, is keen to sell a 100% stake in its South Korean operation, AXA General Insurance Co., according to indus...

KB Securities Co. has reportedly acquired Amazon’s logistics center in Edinburgh, Scotland, for 102.5 billion won ($86.5 million), which the onl...

Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...

South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...

LINA Life Insurance Co., wholly owned by the US life insurance group Cigna, said on August 6 that its parent group has not made a decision to sell the...

The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...

The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...