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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
5+ day, 12+ 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
5+ day, 18+ 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…...
Home insurance remains an afterthought for many brokers
5+ day, 19+ hour ago (655+ words) General insurance is still being treated as an afterthought rather than a core part of financial advice, despite growing focus on customer outcomes and ongoing concerns about underinsurance, according to Mark Chappell (pictured), head of intermediary at Ceta Insurance. The…...
Lotte Non-Life Insurance Narrows Core Capital Deficit by 250 Billion Won
1+ week, 4+ day ago (99+ words) ■ Second-Quarter Disclosure Filing Rising Rates Ease Insurance Liability Burden K-ICS Ratio at 162%, Above Regulatory Guidance Marked Improvement in Capital Soundness Indicators Capital Injection Needs Also Likely to Shrink This article appeared on the 1st at 5:05 p.m. on Signal, a capital markets…...
Infineo CEO calls life insurance ‘blue chip collateral,’ and he’s putting it on chain
3+ week, 2+ day ago (152+ words) Life insurance is the only asset class guaranteed to increase in value every single year. Unlike a pool of mortgages, it never goes down. It isn't just a bet on dying; it’s a share in a multi-trillion dollar investment fund…...
You bet your life insurance: Planet Money
4+ week, 1+ day ago (184+ words) Some of the biggest firms on Wall Street are, at this very moment, waiting for thousands of strangers to die to reap their returns. Because there's a market for life insurance policies. And it's legal. You don't have to actually…...