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News
Certua Life partners with Heka to offer Surely life insurance
3+ day, 7+ hour ago (625+ words) Certua Life has partnered with employee benefits platform Heka to offer individual life insurance through its Surely brand. Employees at companies using Heka can now arrange cover through the benefits platform, with policies starting from £5 a month for qualifying customers....
Samsung Life Insurance Launches 'Rollover Pension Insurance' with 4.4% Guaranteed Rate for 10 Years in South Korea — BigGo Finance
3+ day, 13+ hour ago (577+ words) Samsung Life Insurance on the 10th launched "Samsung Rollover Pension Insurance," a digital-only product that lets customers deposit a lump sum upfront and grow it at a fixed rate for at least 10 years to prepare for retirement. Policies issued in September…...
The Financial Services Commission has decided to impose a fine of 7 billion won on Dongyang Life Ins.. - MK
4+ day, 5+ hour ago (180+ words) The Financial Services Commission has decided to impose a fine of 7 billion won on Dongyang Life Insurance, which provided customers' personal credit information to its subsidiary corporate insurance agency (GA) without consent. Initially, the amount of fines calculated by the…...
Surely partners with Heka on flexible life cover
5+ day, 36+ min ago (61+ words) Insurance Nerds Surely partners with Heka on flexible life cover Surely and Heka Partner for Personalized Life Insurance Offering Surely has announced a partnership with Heka to provide flexible and personalized life insurance coverage to employees. The collaboration aims to…...
South Korea's Big 4 Life Insurers Cut Government Bond Holdings by approximately $10.3 Billion This Year, Intensifying Pressure on Ultra-Long Rates — BigGo Finance
6+ day, 1+ hour ago (750+ words) South Korea's four major life insurers—Samsung Life Insurance, Hanwha Life, Kyobo Life Insurance, and Shinhan Life—reduced their combined government and public bond holdings to ₩151.3175 trillion (approximately $112.4 billion) as of end-June this year, down ₩13.8633 trillion (approximately $10.3 billion) from end…...
Shinhan Life strengthens safeguards against voice phishing
6+ day, 8+ hour ago (243+ words) South Korea’s Shinhan Life Insurance announced on Sept. 7 that it has introduced an upgraded fraud detection system designed to identify suspicious transactions in real time. The life insurer noted that the new fraud detection system (FDS) analyzes customers’ access and…...
Certua Life brings individual life cover to Heka benefits platform
6+ day, 10+ hour ago (300+ words) Employees whose companies use Heka can now arrange cover through the platform. Surely policies are reviewed at each renewal and can be adjusted as customers’ circumstances change, including when they buy a home or start a family. The partnership aims…...
DB Insurance Promotes Owner Family Member Kim Byung-eun to Executive VP, Head of Management Planning — BigGo Finance
6+ day, 5+ hour ago (278+ words) DB Insurance has promoted Senior Managing Director Kim Byung-eun to Executive Vice President and appointed him as Head of Management Planning. The position oversees core management functions including governance and organizational management, with the appointment following former head Park Je-kwang's…...
Kim Byung-eun, a nephew of DB Group founder Kim Joon-ki and cousin of DB Group Honorary Chairman Kim.. - MK
6+ day, 16+ hour ago (290+ words) Kim Byung-eun, a nephew of DB Group founder Kim Joon-ki and cousin of DB Group Honorary Chairman Kim Nam-ho, has been promoted to vice president of DB Insurance. According to the insurance industry on the 7th, Vice President Kim Byung-eun, the…...
Finance ministry to invest in major Chinese insurance groups
1+ week, 5+ hour ago (150+ words) China Daily Finance ministry to invest in major Chinese insurance groups China's Ministry of Finance will inject 35 billion yuan ($5.21 billion) into China Life Insurance (Group) Company to help with operations and risk resistance capacity, the company announced on Sunday. Also…...