Shinhan Financial's Strategic Acquisition of Lotte Non-Life Insurance
Explore Shinhan Financial's strategic acquisition of Lotte Non-Life Insurance, a pivotal move impacting South Korea's insurance landscape and market dynamics.
South Korea Adjusts Discount Rate Rules to Ease Non-Life Insurer Solvency Challenges
South Korea's Financial Supervisory Service has eased discount rate regulations to reduce solvency pressures on non-life insurers amid declining interest rates and IFRS 17 accounting challenges.
South Korea Eases Discount Rate Rules to Bolster Non-Life Insurer Solvency
South Korea's Financial Supervisory Service relaxes discount rate regulations easing solvency pressures for non-life insurers under IFRS 17 and K-ICS standards, highlighting asset-liability management importance.
Hillhouse Emerges as Preferred Bidder for South Korea's IGIS Asset Management
Hillhouse Investment Management is the preferred bidder for IGIS Asset Management, South Korea’s largest real estate asset manager, signaling key market shifts with major domestic and foreign contenders in final acquisition stage.
Hanwha Life Pushes Finance Partnership with UAE at Abu Dhabi Summit
Hanwha Life Insurance's president advocates for deepened financial cooperation between South Korea and UAE, focusing on joint investments and digital finance innovation at Abu Dhabi Finance Week.
South Korea Life Insurance Market Overview and Growth Forecast to 2029
Comprehensive analysis of South Korea's life insurance market including regulatory changes, competitive landscape, distribution channels, and market growth forecasts through 2029.
South Korea to Let Policyholders Access Death Benefits as Retirement Income
South Korea introduces life insurance reforms allowing policyholders aged 55+ to access death benefits as retirement income, addressing elderly poverty and expanding senior care market opportunities.