Tag: life insurance

life insurance

Latest News

Woori Financial Group finalizes purchase of Tongyang Life, ABL Life

Woori Financial Group has completed its acquisition of Tongyang Life Insurance and ABL Life Insurance, finalizing the deal nearly 10 months after signing a stock purchase agreement in August 2024, the company announced Tuesday.

2025.7.2

[WORD_ON_THE_WEB] 'We need harsher punishment for insurance fraud'

Murder suspect Lee Eun-hae, accused of killing her husband to claim a life insurance payout, and her 30-year-old accomplice Cho Hyeon-soo were arrested at a residential building in Goyang, Gyeonggi last Saturday after spending months on the run.

2022.4.19

Kyobo asks oversight board to punish Deloitte accountants

Kyobo Life Insurance said Friday it has requested the Public Company Accounting Oversight Board (Pcaob) punish three accountants at Deloitte Anjin for colluding to inflate the price of a put option exercised by its investors.

2022.1.28

The Prudential Life Insurance Company of Korea is headquartered in Gangnam District, southern Seoul. [PRUDENTIAL LIFE INSURANCE COMPANY OF KOREA]

Prudential is latest Korean insurer to offer voluntary retirement

Prudential Life Insurance Company of Korea has started accepting voluntary retirement for the first time as the coronavirus pandemic and low interest rates continue to impact its performance.

2020.12.14

Lee Jae-yong, second from right, tours a Samsung Electronics smartphone manufacturing plant in Hanoi, Vietnam, during his visit last week. [SAMSUNG ELECTRONICS]

[NEWS ANALYSIS] Gaming out Lee Kun-hee's estate suggests a few options

Analysts are starting to crunch the numbers on the estate of Lee Kun-hee to see what’s what and whether his passing will be of significance to Korea’s largest company, Samsung Electronics.

2020.10.29

Kyobo Life Insurance headquarters in Gwanghwamun, central Seoul. [KYOBO LIFE INSURANCE]

Kyobo Life Insurance gets greenlight to enter Myanmar

Kyobo Life Insurance will be able to start selling insurance products in Myanmar by the end of next year after receiving business approval from the Myanmar government, the company announced Monday.

2020.9.28

Insurance legislation could affect Samsung's corporate structure

Samsung Life Insurance with a market capitalization of 13 trillion won ($11 billion), enjoyed four consecutive trading days of stock increases last week, rising by 45 percent before finishing the week with a 9 percent drop on Friday.

2020.8.17

An illustrated image of Artificial Intelligence. [PIXABAY]

Kyobo Life Insurance can catch fraud before it happens

Kyobo Life Insurance has introduced a system that detects and roots out ever-advancing and sophisticated insurance fraud. The system will apply machine learning to detect signs of fraud faster than its human counterparts.

2020.5.26

Tag: life insurance

life insurance

Latest News

Woori Financial Group finalizes purchase of Tongyang Life, ABL Life

[WORD_ON_THE_WEB] 'We need harsher punishment for insurance fraud'

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