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News

Seoul Economic Daily
en.sedaily.com > news > 07/31/2026 > lotte-non-life-insurance-shifts-to-open-sale-as-shinhan

Lotte Non-Life Insurance Shifts to Open Sale as Shinhan Talks Collapse

3+ hour, 27+ min ago   (231+ words) This article was published on July 30, 2026, at 4:03 p.m. on Signal, a capital markets compass. An insurance industry official said, "For financial holding companies whose main business is banking, 'bancassurance,' a combined bank-insurance product, is key, while for financial holding companies whose…...

Seoul Economic Daily
en.sedaily.com > finance > 04/27/2026 > kyobo-life-honors-top-financial-planners-at-2026-customer

Kyobo Life Honors Top Financial Planners at 2026 Customer Protection Awards

3+ mon, 3+ day ago   (188+ words) Event Held to Encourage Insurance Planners Kyobo Life Insurance held its "2026 Customer Protection Awards" ceremony at Songdo Convensia in Incheon on the 24th of this month to recognize its financial planners (FPs), the company said Thursday. The Customer Protection Awards is…...

Seoul Economic Daily
en.sedaily.com > finance > 04/20/2026 > insurers-show-wide-gap-in-cost-assumptions-hanwha-kyobo

Insurers Show Wide Gap in Cost Assumptions, Hanwha-Kyobo Differ by 20 Points

3+ mon, 1+ week ago   (330+ words) Seoul Economic Daily Insurance companies showed significant differences in their estimated expenses for managing and maintaining contracts, raising calls for the industry to overhaul its actuarial assumptions amid recent concerns over losses from gaps between expected and actual loss ratios....

Seoul Economic Daily
en.sedaily.com > finance > 04/08/2026 > jkl-partners-relaunches-sale-of-lotte-non-life-insurance

JKL Partners Relaunches Sale of Lotte Non-Life Insurance with Samjong KPMG as Advisor

3+ mon, 3+ week ago   (189+ words) Large Financial Holding Groups Eyed as Potential Buyers This article was first published on Signal, the Seoul Economic Daily's capital markets newsletter, at 17:11 on April 7, 2026. JKL Partners, a private equity fund (PEF) manager, is relaunching the sale of Lotte Non-Life…...

Seoul Economic Daily
en.sedaily.com > finance > 03/30/2026 > insurers-surrender-value-reserves-surge-40-percent-on

Insurers' Surrender Value Reserves Surge 40% on Protection Product Sales Growth

4+ mon, 3+ hour ago   (210+ words) Analysis of 9 Life and Non-Life Insurers' Financial Statements · Total 35.9 Trillion Won, Up 10.6 Trillion in One Year · Shinhan Life, Hanwha Life Unable to Pay Dividends · Insurance Industry Net Profit Also Down 14.5% Last Year Surrender value reserves accumulated by major Korean insurers…...

Seoul Economic Daily
en.sedaily.com > news > 03/25/2026 > hanwha-lifes-protection-insurance-tops-50-percent-of

Hanwha Life's Protection Insurance Tops 50% of Premiums for First Time

4+ mon, 5+ day ago   (441+ words) 서울경제신문 Hanwha Life Insurance (088350.KS) saw protection-type insurance exceed 50% of its gross written premiums for the first time last year. The milestone reflects the insurer's push to sell protection products — which carry more favorable contractual service margin (CSM) treatment…...