social insurance schemes

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

Metaverse game platform PlayTogether, operated by South Korean game developer Haegin Co., ranked second in global metaverse app downloads during the...

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...

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...

Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...

SK Group, South Korea’s third-largest conglomerate, created 18.4 trillion won ($14.5 billion) in social value in 2021, up 60% from the year pr...

South Korea’s cosmetics giant Amorepacific Corp. on Thursday posted disappointing first-quarter sales and operating profit as revenue from Chi...

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...

Cosmetics and beauty shares are benefiting from president-elect Yoon Seok-yeol’s pledge to ease social distancing mandates. South Korean cosme...

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...

Shares of cosmetics and skincare companies in South Korea have surged recently on expectations of easing pandemic-related restrictions.  A few...

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,...

WeMade Co., a pioneer in South Korea's play-to-earn (P2E) game industry, has agreed to buy a controlling stake in smaller rival SundayToz Corp., bet...

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

Hopes for improving corporate earnings are rising as countries around the world are relaxing their anti-COVID-19 measures, but South Korean companie...

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

Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...

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...

DoubleDown Interactive LLC, a subsidiary of DoubleUGames Co., has resumed the process to go public on Nasdaq after more than a year has passed from ...

South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...