Hanwha Life Pushes Finance Partnership with UAE at Abu Dhabi Summit

Hanwha Life Insurance President and Chief Global Officer Kim Dong-won has highlighted the potential for enhanced financial cooperation between South Korea and the United Arab Emirates (UAE). Speaking at the Abu Dhabi Finance Week’s Global Markets Summit, Kim emphasized the longstanding bilateral ties since 1980 and positioned finance as the key driver for expanding this relationship into new areas such as joint investments and digital finance innovation. The event, hosted by Abu Dhabi Global Market, is a major annual gathering attracting global finance leaders and policymakers to discuss evolving capital market trends and international financial collaboration. Kim outlined specific domains for growth including real asset investments, supply-chain finance, cross-border payment systems, and development of digital asset platforms. He stressed Abu Dhabi’s advanced market infrastructure as a strategic foundation for building a modern financial ecosystem that benefits both countries. Hanwha Life sees these initiatives as pivotal in transitioning both economies toward next-generation financial services. As Korea’s second-largest life insurer by net profit, Hanwha Life reported strong earnings in 2025, driving its ambition to transform into a comprehensive global financial group. Under Kim’s leadership, the company has expanded beyond traditional life insurance into banking operations in Indonesia and brokerage services in the United States. Hanwha Life forms part of "Hanwha Finance," which includes Hanwha General Insurance, Hanwha Asset Management, and Hanwha Investment & Securities, collectively engaged in advancing Korea-UAE financial cooperation. The forum’s 2025 theme, “Engineering the Capital Network,” explored how technological advancements and evolving financial infrastructure are reshaping capital flows globally. Hanwha Life’s participation as a premier partner underscores its commitment to playing a central role in shaping cross-border financial networks. This strategy aligns with broader trends in the insurance and financial sectors where digital transformation and international partnerships are key to future growth.